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Question on early pay off
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I plan on paying off my car debt early. I have no early payoff penalty. Planning on putting roughly $500/week extra until payed off.
Would it be faster to put that $500 in a high yield saving until I reach my payoff target, or should I just pay extra directly to my loan each week?
Loan: 4.84% Savings: 4.25%
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- 1 year ago
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