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  2. 5 Strategies for Paying Off Car Loan Early - AOL

    www.aol.com/5-strategies-paying-off-car...

    Here's our tips on how to get out of a car loan early and save big on interest. This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by ...

  3. Should you pay off your car loan early? - AOL

    www.aol.com/finance/pay-off-car-loan-early...

    Use an auto loan early payoff calculator to find out how much you can save with additional monthly payments or one big lump payment toward your loan. Key takeaway: ...

  4. Rule of 78s - Wikipedia

    en.wikipedia.org/wiki/Rule_of_78s

    Also known as the "Sum of the Digits" method, the Rule of 78s is a term used in lending that refers to a method of yearly interest calculation. The name comes from the total number of months' interest that is being calculated in a year (the first month is 1 month's interest, whereas the second month contains 2 months' interest, etc.).

  5. Discover the Pros and Cons of Paying Off Your Car Early - AOL

    www.aol.com/discover-pros-cons-paying-off...

    Paying off a car loan early isn't the right choice for everyone. Determining whether you're the right candidate begins with asking particular questions about your financial situation and preferences.

  6. Buy here, pay here - Wikipedia

    en.wikipedia.org/wiki/Buy_here,_pay_here

    In the used car market in the United States and Canada, buy here, pay here, often abbreviated as BHPH, refers to a method of running an automobile dealership in which dealers themselves extend credit to purchasers of automobiles. [1] Typically, purchasers of cars at BHPH dealerships have poor credit history, and loans have high interest rates. [1]

  7. Understanding the Pros and Cons of Paying Off a Car Loan Early

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  8. Debt consolidation - Wikipedia

    en.wikipedia.org/wiki/Debt_consolidation

    Debt generally refers to money owed by one party, the debtor, to a second party, the creditor.It is generally subject to repayments of principal and interest. [9] Interest is the fee charged by the creditor to the debtor, generally calculated as a percentage of the principal sum per year known as an interest rate and generally paid periodically at intervals, such as monthly.

  9. How to calculate loan payments and costs - AOL

    www.aol.com/finance/calculate-loan-payments...

    Starting loan balance. Monthly payment. Paid toward principal. Paid toward interest. New loan balance. Month 1. $20,000. $387. $287. $100. $19,713. Month 2. $19,713. $387