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

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

   Here are some other reasons not to pay off your car loan early: Lack of emergency savings. Bankrate reported early in 2021 that most Americans could not afford a $1,000 emergency.

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

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

   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 ...

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

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

   Before you decide to pay off your car loan early, know the direct and indirect disadvantages of doing so, including: Prepayment Penalty Generally speaking, lenders don't want you to pay your loan ...

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

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

   For example, if you have a $20,000 personal loan with a five-year term and 7.5 percent APR, the monthly payment would be $401. Over the entire course of the loan, you’d pay a total of $4,046 in ...

6. Prepayment of loan - Wikipedia

   en.wikipedia.org/wiki/Prepayment_of_loan

   In general, only borrowers who expect to keep their loans for many years should opt for below-market interest rates by paying mortgage origination points or forgoing automobile rebates. Homeowner prepayment decisions are impacted by a number of variables and are notoriously hard to predict, adding another layer of uncertainty to investing in ...

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

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