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Unread 02-13-2012, 02:02 AM
bigdeal bigdeal is offline
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Hi,

The main reason to pay a loan off early is to save money, specifically on the monthly interest. You could save yourself a great deal of money by paying the loan off early. Also paying off loans early generally improves your credit score and it can obviously help you in the future if you need to secure another loan.

Thanks
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