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What are the cost and benefits of taking longer to pay off a loan ?
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What are the cost and benefits of taking longer to pay off a loan ?

User Brad Cunningham
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Answer:

The main plus to paying off debt early is that you no longer have to fork over money to a lender; you'll now have extra money to spend on other things. You can also potentially save a lot in interest payments.

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User Sean Newell
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The main plus to paying off debt early is that you no longer have to fork over money to a lender; you'll now have extra money to spend on other things. You can also potentially save a lot in interest payments.
User Ekta
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