Verified Submission
financialCar Loan
#RI-69e343d0·5 months ago·
1
Author avatar
Lookback: 1 year

Overpaying car loan with autopay

Overpaying accelerated payments, not reduced principle

What I wish I knew
"Checked principle only payment option earlier"
If I could tell you one thing
"Consider principle only payments for accelerated debt reduction"
0
2/10
Positive or neutral outcome.
Would make the same decision again.
SettledMixedSevere

Advice for Someone Facing This

Short, upvotable wisdom. The most helpful rises to the top.

No advice yet. Be the first to share wisdom.

Discussion

React, question, or discuss this decision.

Sign into join the discussion
financial Category
1,609
financial decisions logged. Avg regret 5.4/10 across the category.
Same Outcome Band
35%
of financial decisions land in the settled band the same as this one.