Pointers for Quickly and Efficiently Paying Off Your Auto Loan

With the current car payment averaging $482 a month, paying off your car loan early is a great idea. Being free of a loan saves money on interest, raises your credit score, and increases monthly cash flow. Automate Your Payment Payments for most auto loans can be made through auto debit or with bill payment through your bank. Having payments sent automatically means no chance of spending a paycheck before your car payment is due. Automation also means...

Can Older Adults Get a Discount on Auto Insurance ?

Auto insurance companies generally price insurance premiums based on the risk they think the person they’re insuring presents, among other factors. If in the company’s opinion, based on statistics, you’re more likely to get in an accident than the average driver, you’ll probably pay a higher-than-average premium compared to other policy holders. Age-Based Premiums According to the online auto-buying resource CarsDirect, once drivers hit the age of 60,...