Woman Makes Her Car Payment Early. Then She Sees What Paying Early Really Goes Toward: ‘I Never Knew’

When you take out a loan, whether it be for a house, car, or personal emergency, you want to pay it off while paying as little interest as possible.

While that can feel daunting, this woman seems to have found a trick. Here’s what you need to know about loan types and how to pay off more toward your principal.