Tell All Tuesday - Crazy Economy Edition | I've Paid For This Twice Already... http://www.paidtwice.com/2008/09/30/tell-all-tuesday-crazy-economy-edition/#comment-51938 Marie Tue, 30 Sep 2008 19:37:54 +0000 http://www.paidtwice.com/2008/09/30/tell-all-tuesday-crazy-economy-edition/#comment-51938 Honestly from the math since there is so little left on the car loan paying it off a few months earlier you're not loosing that much in interest and you would save that much in gas taking your payment to the credit union. I would want to knock it out after the 9% loan is gone and get the satisfaction that 2 debts were gone in a short time period. We're having the same problem deciding our mix between liquidity and debt payoff. Honestly from the math since there is so little left on the car loan paying it off a few months earlier you’re not loosing that much in interest and you would save that much in gas taking your payment to the credit union. I would want to knock it out after the 9% loan is gone and get the satisfaction that 2 debts were gone in a short time period.

We’re having the same problem deciding our mix between liquidity and debt payoff.

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