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Will Paying Off My Car Early Tank My Credit Score?best.insurancenewsonline.top � ask-cfpb � can-i-prepay-my-loan-at-any-time. A prepayment charge may be imposed on any amount prepaid in any month period in excess of 20 percent of the original principal amount of the loan which. Yes, most auto loans can be paid off early without incurring a penalty. � Prepayment clause � Penalty-free prepayment � Early payoff options.
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