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GOBankingRates
Cynthia Measom

Should You Pay Off Your Car Loan Early? 3 Pros and Cons

Tapanakorn Katvong / iStock.com

When you have some extra cash, it can be tempting to knock out debt — especially if it would put an end to a large monthly obligation, like a car payment. But is it the right move? 

See Next: I Asked a Mechanic How To Make My Car Last 300,000 Miles: Here’s What He Said

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