Will that work?

Thanks guys for the explanation

Just trying to understand the problem and why the principal of a loan would go up. The only reason would be because monthly payments don't fully cover the interests, and the person would "borrow" more to fully pay the interests. That's why I was asking for specifics

I'm not pestering anyone, I'm just curious. I think the biggest scam is the banks inciting people to only pay the minimum payment, which doesn't fully cover the interest, increasing the principal, which in turn increases the interests. And you end up with an increasing debt as time goes on

I'm curious: how much have you been paying every month and what's the interest rate on the loan?