You could be left paying nearly double in interest.

When you have some extra cash, it can be tempting to knock out debt — especially if it would put an end to a large monthly obligation, like a car payment. But is it the right move? See Next: I Asked a ...

Weigh the pros and cons of paying off your auto loan early and consider your financial situation. Many, or all, of the products featured on this page are from our advertising partners who compensate ...

Paying off your auto loan early isn’t just a smart financial move—it can save you thousands in interest and help you gain financial freedom faster. By using simple but effective strategies, you can ...

Your monthly car payment pays for two things every month—the principal (the actual amount you borrowed) and the interest the lender charges on the loan. One way to lessen your accrued interest is by ...

Paying off your car early can potentially save money on interest and reduces your debt, but it could strain your budget or result in other drawbacks Written By Written by Staff Loans Writer, Buy Side ...