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Pay Off your Car Loan Faster "So, maybe you took out a loan term on your latest car purchase that was longer than it should have When you pay off your auto loan early, the lender doesn't receive all the interest you would have paid over the full loan term. To compensate, Should I Pay Off a Low-Interest Auto Loan?
Paying off a car loan early is entirely possible but there are some nuances you'll want to consider. Pros and Cons of Paying Off a Car Loan Early | Chase Auto 5 Easy How to Pay Off Your Car Loan Faster