Submitted by Dynasty__93 t3_1282a2y in personalfinance
Dynasty__93 OP t1_jegynxx wrote
Reply to comment by tbone1111 in Question on automotive loans by Dynasty__93
There are contracts out there that make it impossible to pay off a loan too quick? That is crazy!?
Scary-Celebration-98 t1_jeh44ml wrote
Yep, credit unions are nasty for that. Private lenders like chase, not so much. Mustang was financed through credit union. Prepayments beyond $1000 were not allowed. No more than 2 prepayments a year.
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