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You owe six months on a car loan at 294.00 per month There is a payoff penalty of 100 Should you pay this off now or let it ride out you have the money now and more but you want to eliminate debt?
Wiki User
∙ 9y ago
It is worth waiting 6 months to save yourself money. You need to figure out the interest rate and which will save you more. You can always call the finance company and ask them if you can have the 100 dollars deferred.
Wiki User
∙ 9y ago
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How can you eliminate your auto loan without finishing the payoff?
One way or another, the loan has to be paid off. If you trade the car in, you can get the payoff added to the amount financed on the new car.
How do you request a payoff from citimortgage inc?
Good freaking luck. I've got a principle balance of 3.47 left on my loan and I've been trying to pay it off for 2 months now. Their website won't let me make a payoff payment. Their customer support staff are giving me incorrect information. Their payoff department has rejected my payment check.
How long will it take to payoff 12000 in credit card debt paying 400.00 per month?
at 16% interest 3 years three months at 28% interest 4 years 4 months
Does a buyer need to know what your payoff is?
Need payoff for a loan
Line of Credit Payoff?
Line of Credit Payoff When will your line of credit be paid off? Use this calculator to see what it will take to payoff your line of credit, and what you can change to meet your repayment goals.
How do you calculate unpaid balance?
If you are ready to payoff the loan, call the lender. That is because interest has to be recalculated to the day you would pay. Remember to check whether there is a early payoff penalty.
How can you eliminate your auto loan without finishing the payoff?
One way or another, the loan has to be paid off. If you trade the car in, you can get the payoff added to the amount financed on the new car.
If a loan has a prepayment penalty attached to it could it still be viable to retire it and why?
Perhaps. The difference in the prepayment penalty and the amount of interest paid until the loan is satisfied is a major consideration. If the difference is small,early payoff might not be the best option.
Is There Any Penalty For Paying The Loan Off Early?
Some funding programs require you to prepay your business loan, lease, or cash advance at any time without penalty charges incurred. Every agreement will contain a specific payoff and early repayment clause; however there may be no penalty for paying early.
What Is A Payoff Phase?
payoff phase
How do you request a payoff from citimortgage inc?
Good freaking luck. I've got a principle balance of 3.47 left on my loan and I've been trying to pay it off for 2 months now. Their website won't let me make a payoff payment. Their customer support staff are giving me incorrect information. Their payoff department has rejected my payment check.
When was Killer's Payoff created?
Killer's Payoff was created in 1958.
When was The Big Payoff created?
The Big Payoff was created in 1962.
When did The Big Payoff end?
The Big Payoff ended in 1962.
Does a buyer need to know what your payoff is?
Need payoff for a loan
How long will it take to payoff 12000 in credit card debt paying 400.00 per month?
at 16% interest 3 years three months at 28% interest 4 years 4 months
My mother died eight months ago i haven't receive my life insurance payoff is that normal or not.?
If you are the beneficiary, this is a very long period of time. Consider calling the insurance company and ask what the delay is. If there's an executor, you should contact them as well.
