Paid off the car
Finally got my car paid off today. I read the average car buyer gets 60 month financing from a bank or automotive lender and, on average, refinances at least once extending the loan to around 72 months. I bought my car in late November of ‘02 and paid it off in a little under three years. One financing was required in order to get my mortgage because despite the fact that I could (and obviously did) afford both payments, it didn’t look good on paper to seemingly stretch my finances so thin. Making overpayments on the original loan boosted my credit score high enough to where I qualified for pretty much any mortgage I could afford. Now that it’s paid off years early I’m eager to find out where I stand currently. I’ll have to wait a month or so and see where I’m at.