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      07-13-2016, 08:14 AM   #23
blackholescion
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Quote:
Originally Posted by 2M View Post
If you decide, on the 48th month, to pay off the remaining balance, would you still be paying that 12 month interest that was calculated between the 48th and the 60th month ?
No. Most loans are monthly compounding to milk as much money from you as possible if you miss a payment.
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