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payments opinion
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01-07-2014, 12:28 AM
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Frank Rizzo
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Join Date: Dec 2013
Location: Los Angeles
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Quote:
Originally Posted by
Chuck33079
I've had multiple car loans where any additional amount I paid went toward the next month's payment unless otherwise instructed.
that sounds like a Rule of 78 loan.....
A quick explanation of the "Rule of 78"
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Frank Rizzo
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