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Reasons to Keep Your Loan Terms Short Reasons to Keep Your Loan Terms Short

If you know anything about auto financing, you know the longer you stretch a loan, the lower your monthly payments. A low monthly payment may sound great, but it’s not always the best option – especially if you have bad credit. Not only can you save money by keeping a loan term short, but you’ll be more likely to complete your loan before something unexpected happens as your vehicle ages.

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