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  2. Here's What Finally Paying Off My Car Did to My Credit Score

    www.aol.com/heres-finally-paying-off-car...

    When you pay off a loan and your credit score takes a hit. ... My auto loan wasn't a particularly lengthy one -- we paid off my car in three years. But still, that may have slightly shortened the ...

  3. I Just Paid Off My Auto Loan. Here's Why My Score Went Down

    www.aol.com/just-paid-off-auto-loan-124513036.html

    Even so, it was too much to pay in cash, and since this was the era of ultra-low-interest financing, I got a car loan with a sub-4% interest rate. Well, earlier in 2024 I finished paying the loan ...

  4. Should you use a home equity loan to pay off an auto loan?

    www.aol.com/finance/home-equity-loan-pay-off...

    Risks of using a home equity loan to pay off a car loan. Loss of home equity: When you use your home equity to secure a loan, it decreases your equity stake — the portion of the home you own ...

  5. Credit Acceptance - Wikipedia

    en.wikipedia.org/wiki/Credit_Acceptance

    Credit Acceptance Corporation is an auto finance company providing automobile loans and other related financial products. The company operates its financial program through a national network of dealer-partners, the automobile dealers participating in the programs.

  6. 5 debts to prioritize paying off before retirement - AOL

    www.aol.com/finance/debts-to-pay-off-retirement...

    Auto loans. After personal loans, focus on paying off auto loans next if it makes sense. The average car loan rate is 8.40% for five-year terms and 8.76% for six-year terms, with the average loan ...

  7. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Usually, car leases allow the lessee to drive the car for a certain number of miles for a certain number of years. The lessee pays a fixed monthly payment for the privilege of driving the vehicle, and when the lease ends, the lessee returns the vehicle to the lessor.

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