I took out a loan with FinwiseBank that is serviced by American freight. I called them to make my scheduled payment plus an extra payment of$1000.00 to be applied toward my principle. I was told that first they would apply over $700.00 to interest and the remaining would go to principle, I asked why, I stated to them that I have never missed a payment, never late on my payment so explain to me where the extra interest came from that the interest was billed into the scheduled payment plan, they disagreed. I stated that I have read their contract and it states nowhere in the contact about when making extra payment it's applied to interest. Long story short I told them until they can explain what happen to my 2 extra payments, I would not make any more payment. Before I make the extra payment, I called and spoke with one of their rep who stated if I make an extra payment it would be applied to my principle, when I noticed that it wasn't I called and was given a different story. Please do not deal with Finwise Bank or American Freight they work together and they will try and rip you off .