Current Events > CE is this a smart thing to do

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JBaLLEN66
01/25/18 9:08:13 AM
#1:


I have a 0 interest car loan and I am thinking of paying a month ahead of schedule to be ahead. Afterwards, I will continue making half of the monthly required payments every month to have a larger cash flow. Is this possible or will I get screwed?
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Him being greedy is a good thing. That means he'll want to spend less and help us get out of this debt. Gamefreak36
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josifrees
01/25/18 9:10:01 AM
#2:


Look at your contract. My parents thought they were paying 10 months ahead when they gave a large lump sum (like 15000) on a new car and then the bank called them and told them they were gonna come take their car
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Quit Crying
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JBaLLEN66
01/25/18 9:12:04 AM
#3:


josifrees posted...
Look at your contract. My parents thought they were paying 10 months ahead when they gave a large lump sum (like 15000) on a new car and then the bank called them and told them they were gonna come take their car


I think there's a limit, so that's why I'm only doing a 1-2 months to be safe.
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Him being greedy is a good thing. That means he'll want to spend less and help us get out of this debt. Gamefreak36
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