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

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

   Paying off a car loan early can save you money — provided the lender doesn’t assess too large a prepayment penalty and you don’t have other high-interest debt. Even a few extra payments can ...

3. 5 Strategies for Paying Off Car Loan Early - AOL

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

   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.

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

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

   How to Pay off a Car Loan Early. You can pay off the balance of a car loan in one of three ways. One is to wipe it all out with a single lump sum. ... The penalty amount varies depending on the ...

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

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

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6. Prepayment of loan - Wikipedia

   en.wikipedia.org/wiki/Prepayment_of_loan

   As another way to compensate for prepayment risk (which is a reinvestment risk), a prepayment penalty clause is often included in the loan contract. [2] "Soft" prepayment terms can allow prepayment without penalty if the home is sold. "Hard" prepayment terms do not allow any exceptions without penalty.

7. Paying off debt early: Advantages and disadvantages - AOL

   www.aol.com/finance/paying-off-debt-early...

   However, if you can afford to consistently pay $200 more per month, your total interest for the loan would come out to $2,493 — an overall savings of $1,553. 4. Improve your credit score