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Prepayment Of Car Loan

  


General search term.
Might be referring to: loan prepayment penalties are charged to borrowers who pay off their loans early. These penalties are commonly associated with mortgages and auto loans, and can often end up costing borrowers thousands of dollars.Jun 17, 2020.

  

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Latest forum discussions

We tracked 17 total in the last 3 months

... long as there is no prepayment penalty, I would gladly finance... won't put a giant "prepayment penalty" heading in there, kwim... on my first car loan that while there was no prepayment penalty per... over the life of the loan by making principal payments early, ... at the beginning of the loan (which were the total interest ... if I just paid the loan on time each month). I ...
Published on 2021-01-06 in the We Are Debt Free forum
This discussion is in English.
... good experience in closing the car loan from SBI. Took it in... a precondition that foreclosure and prepayment are not chargeable. I don’... such requirement while taking the loan he checked once more and ... the NOC and closed the loan. Everything done in less than ...
Published in B'lore on 2021-01-09 in the Shifting gears forum
This discussion is in English.
... good experience in closing the car loan from SBI. Took it in... a precondition that foreclosure and prepayment are not chargeable. I don’... such requirement while taking the loan he checked once more and ... the NOC and closed the loan. Everything done in less than ...
Published in B'lore on 2021-01-09 in the Shifting gears forum
This discussion is in English.
... the acquisition of Prodigy for car loans. But management quickly shot... the Prodigy acquisition and their car loan business as a whole: "But... refinance expensive and mid-priced car loans, saving them on average $..., including identity fraud, income misrepresentation, loan stacking, prepayment risk, fee optimization, and more. ... sheet. This $98 million of loan assets represents the totality of ...
Published on 2021-03-20 in the Saul's Investing Discussions forum
This discussion is in English.
... the acquisition of Prodigy for car loans. But management quickly shot... the Prodigy acquisition and their car loan business as a whole: "But... refinance expensive and mid-priced car loans, saving them on average $..., including identity fraud, income misrepresentation, loan stacking, prepayment risk, fee optimization, and more. ... sheet. This $98 million of loan assets represents the totality of ...
Published on 2021-03-20 in the Saul's Investing Discussions forum
This discussion is in English.
... that I will finance the car and co-sign with her... new car in 2016 or so, we had committed to keep a loan going... seller would not lose their loan kickback (it has a more ... planned to immediately decrease the loan balance with prepayments and then ... and pay off with no prepayment penalty is the way to ... not sure if there is prepayment penalties even from the manufacturer ...
Published on 2021-01-20 in the Personal Finance (Not Investing) forum
This discussion is in English.
... that I will finance the car and co-sign with her... new car in 2016 or so, we had committed to keep a loan going... seller would not lose their loan kickback (it has a more ... planned to immediately decrease the loan balance with prepayments and then ... and pay off with no prepayment penalty is the way to ... not sure if there is prepayment penalties even from the manufacturer ...
Published on 2021-01-20 in the Personal Finance (Not Investing) forum
This discussion is in English.
... posted by pedropcola: I know prepayment penalties exist but I’ve... ever seen any kind of loan with one. House, cars, I... even did a loan on a gun once, as ... built in implicit prepayment penalty. It was used on almost every car loan made in... the 1950s thru the 1970s. The loan documents would... do not have any implicit prepayment penalty. You can NEVER lower ...
Published in Eastern Virginia on 2021-03-06 in the The Lounge forum
This discussion is in English.
... posted by pedropcola: I know prepayment penalties exist but I’ve... ever seen any kind of loan with one. House, cars, I... even did a loan on a gun once, as ... built in implicit prepayment penalty. It was used on almost every car loan made in... the 1950s thru the 1970s. The loan documents would... do not have any implicit prepayment penalty. You can NEVER lower ...
Published in Eastern Virginia on 2021-03-06 in the The Lounge forum
This discussion is in English.
...:38 am Hey all, quick car purchase question... We’re helping... our son with a new car (Honda) purchase for his ...I know little/nothing about car loans. With that as a... we’ve never financed a car before (though we’re well... last payment to payoff the loan, do they charge you anything ... pinkslip? 3) Are there any prepayment penalties of any kind? 4) ...you have to keep the loan before you are eligible to ...
Published on 2021-01-17 in the Personal Finance (Not Investing) forum
This discussion is in English.
...:38 am Hey all, quick car purchase question... We’re helping... our son with a new car (Honda) purchase for his ...I know little/nothing about car loans. With that as a... we’ve never financed a car before (though we’re well... last payment to payoff the loan, do they charge you anything ... pinkslip? 3) Are there any prepayment penalties of any kind? 4) ...you have to keep the loan before you are eligible to ...
Published on 2021-01-17 in the Personal Finance (Not Investing) forum
This discussion is in English.
...had a problem with the car payment getting deducted from our...with stopping billing when the loan was paid off? Were you... to pay off the loan early without problem? Thanks! We ...haven't paid the loan off yet so I can'...the last payment of a loan since the last payment may ...was thinking of paying the loan off and looked at the ...I decided to keep the loan. There is no prepayment penalty. On the bill pay ...
Published on 2021-02-23 in the Personal Consumer Issues forum
This discussion is in English.
...had a problem with the car payment getting deducted from our...with stopping billing when the loan was paid off? Were you... to pay off the loan early without problem? Thanks! We ...haven't paid the loan off yet so I can'...the last payment of a loan since the last payment may ...was thinking of paying the loan off and looked at the ...I decided to keep the loan. There is no prepayment penalty. On the bill pay ...
Published on 2021-02-23 in the Personal Consumer Issues forum
This discussion is in English.
... take out a 36 month loan and pay it off quicker... cash to pay for he car in full with the "out... read the loan documents. I have never seen an auto loan have a prepayment penalty...
Published in Where the water is warm, the drinks are cold, and I don't know the names of the players! on 2021-02-10 in the Personal Consumer Issues forum
This discussion is in English.
... take out a 36 month loan and pay it off quicker... cash to pay for he car in full with the "out... read the loan documents. I have never seen an auto loan have a prepayment penalty...
Published in Where the water is warm, the drinks are cold, and I don't know the names of the players! on 2021-02-10 in the Personal Consumer Issues forum
This discussion is in English.
.... I offered to make a prepayment to drop the mortgage under ... mortgage. 5. Use any loan calculator, enter the full loan amount ($600k in... applicable, and your monthly liabilities (car loan, personal loan, etc). Outside revolving debt (personal...
Published in Calgary/Vancouver on 2021-01-30 in the Personal Finance forum
This discussion is in English.
.... I offered to make a prepayment to drop the mortgage under ... mortgage. 5. Use any loan calculator, enter the full loan amount ($600k in... applicable, and your monthly liabilities (car loan, personal loan, etc). Outside revolving debt (personal...
Published in Calgary/Vancouver on 2021-01-30 in the Personal Finance forum
This discussion is in English.
I prefer to buy a car for cash, for many reasons...who actually is financing the car. Is it a factory brand...or easier in reselling the car if that will ever happen. ...lien removed to resell the car and that involves paying off the loan. There are just small ...finance charge total, with no prepayment. $20,000 5 year loan 3.79% APR @ $366.... charge total, with no prepayment. http://www.bretwhissel.net/cgi-...
Published on 2020-12-31 in the Business and Finance forum
This discussion is in English.
I prefer to buy a car for cash, for many reasons...who actually is financing the car. Is it a factory brand...or easier in reselling the car if that will ever happen. ...lien removed to resell the car and that involves paying off the loan. There are just small ...finance charge total, with no prepayment. $20,000 5 year loan 3.79% APR @ $366.... charge total, with no prepayment. http://www.bretwhissel.net/cgi-...
Published on 2020-12-31 in the Business and Finance forum
This discussion is in English.