loan payments

[JKW]

I have a plan that swiched their payroll and a participants loan payment was doubled for a few weeks, therefore she is currently paid until 12/13/10. Is there any problem with the company skipping her loan payments until then or is there another way to fix this? Thanks.

[QDROphile]

Most loans apply prepayments as reduction of principal that effectively shorten the term of the loan, not as getting ahead on scheduled payments. Scheduled payments continue on schedule. Don't forget that you have a loan contract, even in these days of improper paperless plan loans.