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

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

    Whether to pay off a car loan early depends on your budget, your loan’s interest rate and your other financial goals. ... You can decide how much extra you want to pay. Even a small amount can ...

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

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

    The best advice for paying off a car loan early: treat it like a mortgage. If you are a homeowner, you have likely heard that making an extra (13th) payment toward your mortgage principal every ...

  4. 4 Ways To Pay Off Your Car Loan in 12 Months - AOL

    www.aol.com/pay-off-car-loan-12-220011538.html

    One strategy for paying off your loan early is to cut your payment in half and pay 50% of your monthly tab every two weeks. This will give you 26 half-payments per year, which is 13 monthly ...

  5. How Car Loan Charge-Offs Work - AOL

    www.aol.com/car-loan-charge-offs-171400504.html

    Lenders most commonly charge off car debt for tax purposes. Charged-off debt can include car loans, credit card debt, or any other type of loan. ... The charge-off amount is the value the lender ...

  6. Debt snowball method - Wikipedia

    en.wikipedia.org/wiki/Debt_snowball_method

    Pay the minimum payment plus the extra amount towards that smallest debt until it is paid off. Note that some lenders (mortgage lenders, car companies) will apply extra amounts towards the next payment; in order for the method to work the lenders need to be contacted and told that extra payments are to go directly toward principal reduction.

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

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

    Paying off debt decreases your credit utilization ratio, which is the amount of debt you owe relative to your overall available credit. Most lenders and issuers use the FICO credit scoring model ...

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