I’m about to turn 30 and have recently started to try to make better financial decisions. Up until recently I always had less than $1,000 in savings, barely any retirement, some credit card debit, and a car payment. Now, I am actively contributing to savings, 401, and my credit cards are all paid off but I still have an auto loan.
I am about $13k in debt on my car, and want to pay it off as quickly as I can. My question is - does it make any difference in the long run to 1) refinance 2) make larger payments on the loan 3) put money in a savings account until I have enough to pay it off entirely?
Submitted July 18, 2019 at 06:27PM by catsrladies https://ift.tt/2JCRsNu
