Two years later, an overwhelming majority of British people rubber-stamped the decision in a referendum. But as the EEC became the EU and membership swelled from 9 countries to the current 28, calls grew for another referendum. Following victory in the 2015 general election, David Cameron kept his promise to offer a public vote on the UKâs membership of the EU.
Benefits of Paying Off a Car Loan Early. The bottom line is that paying off a car loan early will save you money in interest payments. Imagine what you can do with the extra money: beef up your savings account, make home improvements, save for retirement, or perhaps pay off other debts.ays to Expedite Paying Off a Car Loan. Paying cash to buy a car is one way to avoid high interest charges and years of monthly car payments. But if you donât have the money on-hand to pay off your car in full, a few simple techniques can help eliminate your car debt faster.
maxuser/iStock/Getty Images. Paying off a car loan early may seem like a good decision, but it isnât always a wise financial move. After considering your goals, financial situation, credit rating and the terms of your loan, you may find that the long-term consequences outweigh short-term benefits.his ratio compares your outstanding balances to the limits on individual credit accounts. For example, if you pay off and close a $15,000 car loan early, your personal debt load will drop by the monthly payment amount, but your available credit will drop by $15,000.