Google isnt helping me here so I've got a question. I know STLs(short term loans) are better due to paying less interest, but what about a LTL(long term loan) with extra payments?
Let's say a STL is $450 a month and a LTL is $350 but you pay an extra $100 a month. So with an LTL, you're paying the same amount every month, but have the flexibility of a lower required monthly payment.
I'm looking into buying a new car but, while I can comfortably afford it, the large monthly payments intimidate me.
Submitted April 04, 2019 at 11:51PM by Chronocide24 http://bit.ly/2TTKnu4
