DVC Loan Question

[vfinder1]

I have a loan through DVC and am wondering how many payments can you make to the principle of the loan? Can you only make so many payments towards to principle or is it unlimited? I want to make an extra payment every month but am wondering if I will be able to.

Thank for the help!

 

[dwelty]

There is no limit to how many prepayments you can make. You will have to call member accounting to arrange this. Good Luck!

 

[vfinder1]

Thanks

 

[Boston5602]

I make all me extra payments online at the DVC Member site. It's under the loan page , I use my Disney Visa and then pay that off. I bought one year ago and have 1/3 of the loan paid off so far.

 

[Caskbill]

You can make extra payments on line, almost any time. Simply charge them to a CC, then pay off the CC when it comes due. (Don't want to pay those high CC interest rates as they're usually higher than your loan would be.

The only time you cannot pay on-line is right around the time your automatic regular payment is scheduled.