thread 60 day minimum payment in Banking With Square

60 day minimum payment

Kbso11 — Wed, 22 Apr 2026 13:27:51 GMT

Hey! Im in my loan repayment at about 75% and waiting for next offer but I’m curious as I meet my 60 day minimum weeks or a month early every time. As I continue to process does any of that go towards my next 60 day minimum? Or does it just start fresh the next set date? Thanks in advance! I appreciate the feedback and the loans. Always helpful.

Re: 60 day minimum payment

Kbso11 — Wed, 22 Apr 2026 13:30:28 GMT

I’m guessing that it is just the required amount to be current but after conversing with other co workers they had me confused.

Re: 60 day minimum payment

TheRealChipA — Wed, 22 Apr 2026 19:05:53 GMT

@Kbso11 The 60-day minimum resets on the deadline date. Payments above that amount in a two-month period DO NOT roll forward to the new minimum. If it did, that would defeat the purpose of that minimum which is to keep us on track to have the entire loan paid off in no more than 18 months.