Can I get a refund if I accidentally paid my car loan twice in the same month?

I added auto-pay to my account for my car loan, but it didn't take the money out on the day that I thought it did. As a result, I paid manually. Two days later, the auto-pay kicked in and it paid the car note for a second time. Can I get a refund?

Apr 27, 2021
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Eric Schad
Answered at Apr 27, 2021
“If you really need the money, your best bet is to call your lender. While most lenders won’t refund the money, yours might if you have a good relationship with them.
If you can’t get the money back, you have two options.
First, you can let it go. The payment will be applied twice, which means you won’t have to pay for two months. (So if you paid twice in April, that covers April and May, which means your next payment is in June.)
Second, you can call your lender and ask for the extra payment to be applied to the principal. This is probably the smarter move, as it will reduce your overall principal and lower the amount of interest you pay over the life of the loan. However, you’ll still be on the hook for making the payment next month.”
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