5 Tips to Paying Off A Car Loan Early - How I Paid $40K in 34 Months

Описание к видео 5 Tips to Paying Off A Car Loan Early - How I Paid $40K in 34 Months

Learn what worked and what didn't. Paying off a car loan early is no small fest. I'm not telling what to do! I'm showing you what I did!
Time Stamps:
0:00 What not to do!
2:54 Tip 1 - Selling it may be an option
3:53 Tip 2 - Pick a debt pay off method
5:48 Tip 3 - How to find some extra money
8:08 Tip 4 - Use the Principal Method
10:10 Tip 5 - Staying on track

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When I bought my brand new truck I paid over $40,000 dollars and was happy as could be but the honeymoon was over quick and the $500 plus car payment got old quick. When I first starting thinking about paying off a car loan fast, It because my number one priority. You see I started thanking about life before those car payments and life after. To honest buying a new car inspired me to to get completely out of debt. So for that it was a good thing. Some of you may be thinking do paying off a car loan early help credit score? Honestly, it dropped my a few points but not enough to cause any damage but I'll take a minor drop over car payments any day.

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This video is for entertainment purposes only. Always seek professional assistant for financial and legal matters.

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