
That new car smell fades fast, but unfortunately, the monthly payment hangs around for years. With interest rates fluctuating unpredictably, refinancing isn’t always the best option or even possible for everyone. However, that doesn’t mean you are stuck with that loan for the full 60 or 72 months.
You can attack your car loan aggressively with your current terms. In reality, it just takes a little math and a lot of discipline. By changing how and when you pay, you can free up that cash flow much sooner than the bank expects. Here are the tips for paying off car loans early without the hassle of refinancing.