6 ms·
Also, the gain of paying off the loan is tax-free, whereas any gains from asset value fluctuation are subject to tax.
by Kliment 13y ago
Also, the gain of paying off the loan is tax-free, whereas any gains from asset value fluctuation are subject to tax.
- hackerboos 13y agoThe only reason I can think of is that there might be penalties for paying off the car loan early. But there is no excuse for the credit card debt.