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That extra amount should go directly toward the principal, especially if you specify that intention when you make your payment. Use an auto loan early payoff calculator to find out how much you ...
Payoff penalties are legal in 36 states and allow lenders to charge you a penalty (usually a fixed percentage of the remaining balance) for paying off your car loan early.
Have you ever wondered if you should pay off your car early? Find out whether it's a good idea, what the downsides are, and factors to consider.
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Tips to Follow When Refinancing Your Car Loan. If you can potentially save money on your auto loan, it's a good idea to consider refinancing. Here are some tips to keep in mind as you make the ...
If your income has increased since taking out your auto loan, it may be a good time to refinance to a shorter term. If you pay your loan early, you’ll save on interest — assuming the lender ...