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Should I pay off my car loan?
Should I pay off my car loan? I bought a used car in 2021. There's roughly $7k left on the loan at 4.39%. I'm currently getting 4.3% in my HYSA (high yield savings account). Obviously the rates are so close that it doesn't make much difference, unless you factor in that I'm paying state (CA) and federal income tax on the interest from the HYSA. I have the cash to pay off the...
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