Does this statement mean that I'm not knocking down any interest by paying off sooner?

"Any additional payment amount will be applied to the next monthly payment. If the account is paid ahead 3 payments, any additional funds will be applied to the principal balance."

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tallpowerhouseblonde · 31-35, F Best Comment

No.It means debt is paid down.You will pay less interest because you have less debt.

iamnikki · 31-35, F

@tallpowerhouseblonde thank you

tallpowerhouseblonde · 31-35, F

@iamnikki YW and thank you for best answer.