@Anonymous wrote: Thanks for all the help. I don't have any CC debt other than a few hundred. They called my Auto loan a simple interest loan, still trying to figure that one out[Most Auto loans are simple interest, you can google for info]. I was told by a friend that I could refinance the loan after a year or so and get a better interest rate (now 12.5) would that be a good idea? [Yes assuming no prepayment penalties] The loan is thru Chase. Any advise on the refinance would be helpful. I always thought refinancing a car is a bad idea.[No its not assuming you know what you are getting into, and are not adding months to the loan in the refi] Car payment and even a little more is causing no pain. I mention this to let you know I can easily pay more. When taking out the loan for 8700.00 I asked for 36 mos. they gave me 48, guess they wanted more interest.[Kinda, some banks simply do not enter into loans in which they make below a certain amount of money.] Thanks in advance
