Currently I'm in a bad auto loan....
60 mo at 12%.
How does it look to other auto lenders if I pay it off in 48 months opposed to 60?
I will save a lot in interest!!
I cannot Refi because currently I am unemployed.
Non-issue, if it saves you money, do it and future auto lenders won't care at all. 48 months is a nice auto tradeline from a credit report perspective and there's all sorts of reasons people pay off their auto loans faster than the stated term.
Only caveat, my having been out of work for an extended period previously, don't pay more to any given loan than you can reasonably expect to afford during your unemployment. There are worse things than being stuck on a 12% car note financially.
My general advice is to put as much as possible towards a loan like this.
With unemployment I don't think that is the best option. Unless you are okay unemployed and have other means to subsist. I don't suggest putting too much towards the loan.
I recently refi'ed both my car loans, both was in the 13% range, didn't have an issue doing either one