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How much faster can I pay off this personal loan?
How much faster can I pay off this personal loan? I'm young and new to loans and stuff, I tried doing the math myself but I don't think I did it right lol. Any help is appreciated. Personal loan: $4,500 APR % rate: 16.35% Term length: 36 months Comes out to me paying $5,767.02 after the 36 months. Paying an extra $1,267.02 doesn't sound appealing to me, I had no choice but to pull out the loan ...
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