I will soon start making payment for the vehicle I purchased. When the bank took care of the auto loan, they asked me when I want the payment taken from the account each month. And I said the end of the month, 30th. But now I like to be changed to the middle of the month. Is it possible to change the date now? or is it too late? Does anyone know? Thanks.
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Best to call your bank and ask them. Mine allows you to change it one time.
You should be able to change the date but they ask that the 1st payment be made when promised (the 30th). Then you may have another on the 15th of the following month and then the 15th till the end of the loan.
I’m sure you can. If there is a problem (technically), all you have to do is to request canceling it altogether and resubmit a request according to your date. However, there may be a waiting period if you do that, so you may have to manually write a check or do on-line one time payment while waiting for your request to take effect.
Just talk to the bank, they can adjust the payment date for you.