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Author Question: Making extra payments on a loan does all of the following except (Read 40 times)

imanialler

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Making extra payments on a loan does all of the following 
except


◦ reduces the total amount of interest paid.
◦ gives you extra income for living expenses.
◦ reduces the maturity of the loan.
◦ helps assure your good credit rating.


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Marked as best answer by imanialler on Apr 14, 2019

Joy Chen

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imanialler

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Reply 2 on: Apr 14, 2019
Thanks for the timely response, appreciate it


softEldritch

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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