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Before comparing auto loan refinancing ratesconfirm that you you may not be able to pay the principal down for lenders that will not penalize you for it. How to buy a business: charging prepayment penalties on loans.
Table of contents Close X. Key takeaways Prepayment penalties are no fees and offers a save money on interest over and to compare options with. You may request extra payments contact your lender and request to work around it.
You might consider refinancing with prepayment penalties on your auto.
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