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Even in a favorable economy, owing $30,000 in debt can feel overwhelming. But it's even harder in a challenging economy with elevated interest costs. That's especially the case now, with average ...

Nearly 40% of all homeowners in the U.S. are mortgage-free, according to the U.S. Census Bureau American Community Survey — the highest level in 13 years. Paying off your mortgage early can feel like ...

Weigh the pros and cons of paying off your auto loan early and consider your financial situation. Many, or all, of the products featured on this page are from our advertising partners who compensate ...

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. mixetto / Getty Images You might prefer to pay off your ...

Paying off your loan faster using strategies like refinancing and making extra principal payments can help you save money on interest and free up room in your budget Written By Written by Staff Loans ...

Paying off your car early can potentially save money on interest and reduces your debt, but it could strain your budget or result in other drawbacks Written By Written by Contributor, Buy Side Emily ...