You could be left paying nearly double in interest.

Weigh the pros and cons of paying off your auto loan early and consider your financial situation. Many, or all, of the products featured on this page are from our advertising partners who compensate ...

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 ...

Knowing how to pay off your auto loan early can get you out of auto debt faster and save you money on interest. But unlike student loans, some auto lenders charge a penalty for prepaying your loan.

Your monthly car payment pays for two things every month—the principal (the actual amount you borrowed) and the interest the lender charges on the loan. One way to lessen your accrued interest is by ...