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The last time I bought a new car with a loan, which was in 1993, the interest was pre-computed. I tried to pay it off early, but I wouldn't save any money on in
by gabrielsroka 5y ago
The last time I bought a new car with a loan, which was in 1993, the interest was pre-computed. I tried to pay it off early, but I wouldn't save any money on interest. I don't think they do that anymore, but read the fine print.