Whether you bought an extensive automobile warranty without paying cash for it, you are probably paying credit card-like concernment rates for your buy, maybe as hovering as over 20 percent. Dispassionate as with any obtain that involves an absorption charge, you must aim to wages down your value to play down your consideration charges. Be trained how you can reduce the interest on your car warranty cost.
Instructions
1. Call your warranty lender. The information should be on your warranty contract or paperwork you signed for your line of credit.
2.3. Follow the representative's instructions for paying towards your principle amount until the warranty is paid off completely.
Tell a representative that you want to pay down the amount of your warranty purchase. If you have the funds, you can pay the cost off completely. If not, find out from the representative how you can make extra payments towards the principle amount--some companies require two separate payments or a phone call that states your intentions before payment.
