I already paid my payment, why am I being charged interest for the same date? Interest is paid in arrears. This means your principal and interest payment will pay the interest for the 30-day period immediately preceding your payment due date. 4spotsupport2020-01-20T03:41:21-08:00Borrower Payoff Questions| Share This Story, Choose Your Platform! FacebookXRedditLinkedInWhatsAppTumblrPinterestVkEmail