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

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    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. ... Before you decide to pay off your car loan early, know the direct and indirect ...

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

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  4. 5 Strategies for Paying Off Car Loan Early - AOL

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    You can pay off your car loan early using several effective strategies, but before you do, consider any potential penalties and effects to your credit score. The True Cost of a Car Loan.

  5. Pre-approval - Wikipedia

    en.wikipedia.org/wiki/Pre-approval

    In lending, a pre-approval is the pre-qualification for a loan or mortgage of a certain value range. [1]For a general loan a lender, via public or proprietary information, feels that a potential borrower is completely credit-worthy enough for a certain credit product, and approaches the potential customer with a guarantee that should they want that product, they would be guaranteed to get it.

  6. Pre-qualification - Wikipedia

    en.wikipedia.org/wiki/Pre-qualification

    In a mortgage context, pre-qualification denotes a process that has not yet been underwritten by the lending institution. Typically, subprime lenders will allow 50% DTI. . Common monthly debts used for calculating DTI are mortgage (or new mortgage payment), auto payment(s), minimum credit card payment(s), student loans, and any other common monthly or revolving debt that is on the applicant's ...

  7. Mortgage prequalification vs. preapproval: How to time these ...

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    Preapproval: What it is and how it works. Preapproval is a much more comprehensive process than prequalification. Mortgage preapproval is a lender's conditional commitment to offer you a specific ...

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