PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
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?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
It’s unlikely you can get a refund, but the money you paid will still go toward paying off your loan in the future.
There are three options for you here.
- You really need the money: In this case, your best bet is to call your lender. While most lenders won’t refund the payment, yours might if you have a good relationship with them.
- You can apply the payment toward your next month: 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.)
- You can apply the payment toward the principal: Call your lender and ask for the extra payment to be applied to the principal. This is probably the smarter move, as it will help you pay off your loan faster and lower the amount of interest you pay over the life of thecar loan. However, you’ll still be on the hook for making the payment next month.
Hope this helps!
View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance for Your Car
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies