Old van exploded (figuratively), bought a used van with $22,000 loan from USAA at 2.79%. We had planned to pay off the loan in the first year, but money came in faster than expected and we can pay it off before our first payment is due. Should we? Have over 800 credit currently, would this negatively impact credit? Is it better to invest the money rather than pay off such a low interest debt?
psychologically speaking, I hate debt and would prefer to pay it off ASAP.
Submitted August 23, 2018 at 09:20AM by hiringmanagerforaco https://ift.tt/2wilH4H
