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Should I Just Pay Off Auto Loan?
Should I Just Pay Off Auto Loan? Hi all, Wondering what you would do in our position: We have $40k in a HYSA earning 4.5% right now (that is our emergency fund which could cover 4-6 months if needed). Just bought a car and have a new $20k auto loan at 6% (we put ~$10k down). Would you just bite the bullet and pay off the full loan from the HYSA?
submitted by /u/gc62...
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