Paying Off a Loan

Category Advice
Paying off a loan may not seem like much fun, but there are some tips that can help make it easier and possibly quicker. This is a page about paying off a loan.
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December 15, 2005

When borrowing a large amount of money for a house or a car, make sure you get a loan with no prepayment penalty. Then you should always pay more than the minimum payment. An additional 50 dollars a month can shave years off a mortgage or car loan.

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