Personal Finance

c/personalfinance5d

Pay off a car loan early or invest the extra?

Car loan at 7.5%. I have about 500 spare a month. Which makes more sense?

2

Comments (3)

@test_voter45d
A guaranteed 7.5% return by paying the loan down is hard to beat.
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@test_member5d
Check for early repayment fees first.
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- @test_admin5d
  Good point, mine has none.
  1