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.
Why pay more than your car is worth when you can pay off your car loan early? About seven out of 10 people borrow money to buy their cars, and a car loan is one of the largest financial obligations you can have. If youâre one of them, you may have a loan that will take you 60 or 72 months to pay off. Thatâs five to six years! Thatâs too much interest to have to pay.