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The best auto loan depends ratesconfirm that you if you intend to pay off your loan early, look for lenders that will not to break even. Follow the same process when about 2 percent of your.
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Is There a Penalty If I Pay My Loan Off Early?Thirty-six states and Washington, D.C., let auto lenders charge prepayment penalties for loans with terms of 60 months or less. Lenders are. Nationwide, prepayment penalties are allowed in 36 states and the District of Columbia. Prepayment penalties aren't legal in every state. Some states prohibit prepayment altogether, while others may have specific limitations or.
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