Paying off your car early can potentially save money on interest and reduces your debt, but it could strain your budget or result in other drawbacks ...

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? See Next: I Asked a ...

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 ...

More new-car shoppers are taking on seven-year loans, a trend that underscores the rising cost of financing a vehicle. Auto loans with terms of seven years or longer made up 22% of all new vehicle ...

Doug explained that he financed the car a year ago with a three-year loan at 0% interest. His monthly payment is $1,000, but his job gives him a $600 car allowance. “In my head, I’m thinking, yeah, ...

Consider strategies like refinancing, selling your car and asking your lender for flexibility when trying to reduce your car payment Written By Written by Contributor, Buy Side Emily Sherman is a ...

ORLANDO, Fla — When you trade in your car to buy a new one the dealership is supposed to pay off the old loan. But what if it doesn’t? That’s what Cody Alexander of Winter Garden said happened to him ...

Getting a new ride is exciting, but be sure you know what you're getting into if you have to borrow to buy one.

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 ...