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I have one year left on a car loan at 3.99%. The remaining balance is 4+k. If I really stretch my budget this month (raid my pantry, limit car trips, suspend savings, etc) and then raid my pockets, piggy bank, and the couches, I can pay it off. The monthly payment is $527.22. Or I can just put 2.5 - 3k towards my highest interest credit card (15.24%) reducing the balance as I have been doing.

I'm tempted to get rid of the car loan. Freeing up that extra $500/month would give me 6k to put towards debt over the next 12 months.

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