Posted on
March 26, 2009
at
11:41 am
I'm going to second the answer above and say check into to seeing if there are any pre-pay penalties. If you find that you can effectively prepay your loan then do so. You can simply send an extra $10 payment weekly and you'll keep the interest from adding up too quickly.
Posted on
March 27, 2009
at
11:32 pm
I have just loan a personal loan last year and I still have @ years and half to complete the payment of the said amount. But if I have the money to fully paid my loan there is a rebates. The interst would be lesser. The only amount that I will pay is for example at the end of April I will complete the full payment there would be rebates, the intire interest for the other year is not included.
Posted on
March 28, 2009
at
9:57 am
Awhile back, I paid extra on our car loan every month and paid it off a few months early. That was good timing cause my spouse lost his job around the same time.
Posted on
April 1, 2009
at
5:12 am
i didn't know anything about this but now i know everything thanks guys