This piece is part of my 2016–2026 archive migration. Some original formatting, content, and external links may be missing, changed, or not be optimized.
No need to maintain a lingering car note
Here’s why I paid off my car early:
Increase my credit score over time.
I didn’t want to spend six years paying off a car note.
I knew I had overpaid for the car. I didn’t want to spend more money on lousy interest fees.
I wanted to free up my budget; the money spent on my car note could be reallocated to my emergency fund and investments.
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This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.
This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.