topic Re: JP Chase in Auto Loans

JP Chase

SSH0126 — Tue, 24 Oct 2023 16:06:20 GMT

It looks like JP Chase has approved my Tesla Auto loan. Does anyone know if they have a pre-payment (early payoff) penalty?

Re: JP Chase

i4owner — Tue, 24 Oct 2023 16:34:53 GMT

I paid my loan with them (via Subaru Finance) off 1 year early with no penalty. On my current loan with them via a Local BMW Dealer, there also is no prepayment penalty.

Re: JP Chase

JoeRockhead — Tue, 24 Oct 2023 16:51:43 GMT

Congratulations on your new ride! No, there's no penalties.

Re: JP Chase

sccredit — Tue, 24 Oct 2023 16:56:13 GMT

Nope, have had 2 loans with Chase. No prepayment penalties.

Re: JP Chase

SSH0126 — Tue, 24 Oct 2023 17:30:22 GMT

Thanks everyone! I had a hard time getting approved. I have not received any paperwork yet but I did get a notification that I was approved so that's great news.