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 ...

Read This: How Much Money Is Needed To Be Considered Middle Class in Your State? Below, Ashley Morgan, attorney and owner at Ashley F Morgan Law, PC, explained the pros and cons of paying off your car ...

Paying off your loan faster using strategies like refinancing and making extra principal payments can help you save money on interest and free up room in your budget Written By Written by Staff Loans ...

Deciding whether to pay off your car loan early can be a complex decision with significant financial implications. While the prospect of eliminating debt is appealing, it’s essential to weigh the ...

If you’re like most people, you probably dread car loan payments. They take a big bite out of your budget, and they never seem to end. But what if I told you there was a way to pay off a car loan ...

New car prices have reached record numbers in 2025. Average monthly car payments have also increased, but you can reduce payments using "20% rule". Auto loan interest can cost car buyers thousands of ...

Car loan ­borrowers are breathing a sigh of financial relief as fixed-rate car loans are set to be a thing of the past with the passing of the Hire-Purchase (Amendment) Bill (HPA) in Parliament on Dec ...

According to a Nov. 24 note from the Federal Reserve Bank, "auto loan debt increased to levels not observed since the Great Financial Crisis, raising concerns about the health of household balance ...

The biggest downside of an 84-month loan is the total interest you pay. Lenders typically charge a higher APR for long loans, but even if the interest rate matches a shorter-term loan, stretching ...

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? Morgan said the ...