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What should I know before. What are the different ways if you have a prepayment fee if you pay it. Don't see what you're looking. Searches are limited to 75.
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Paying Off Car Loan Early - Principal vs Extra Payment ExplainedPrepayment penalties on auto loans are generally used to discourage you from paying off your loan early as it reduces the amount of interest a lender collects. An amount not exceeding 20 percent of the original principal amount may be prepaid in any month period without penalty. Yes, most auto loans can be paid off early without incurring a penalty. � Prepayment clause � Penalty-free prepayment � Early payoff options.
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