Saturday, April 4, 2015

Can you pay principle payments towards your vehicle to avoid interest How will that benefit?

Can you pay principle payments towards your vehicle to avoid interest How will that benefit?
The answer is, it depends on what the contract says - it may say that prepayments are just early payments - you may owe 80 payments period, whether you pay them monthly or over 7.5 years.
So RTFC (check the fine print)! :)

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