Car note
I have a 5-year car note at $347for 5 years I want to pay it quicker like 4 years what do I need to do
Terry Says
Consult the financing company about whether they will accept a lump sum partial repayment. Many won’t — knowing they have you on the hook and are making a lot of money on you. And they will mess up unless you ask them to put in writing that any additional monthly regular payments will go toward principal, not interest.
If they won’t let you do this, then save up your money in the bank and pay off the whole thing! that’s how to beat them at their own game!
