Dave Says: If you can pay off your car loan with cash, do it now (if not sooner!)

Dear Dave, I can’t decide what to do about my car. I owe $8,000 on it, and I have the cash to pay it off with plenty left over. One of my co-workers said I shouldn’t pay it off, because I have a very low interest rate on the loan. What do you think? Derricka … Continue reading Dave Says: If you can pay off your car loan with cash, do it now (if not sooner!)