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The Newell · 10-31-2012, 05:12 PM

All you really need to do is ask if there are any pre-payment penalties in the financing contract. Easy as that (not all contracts have penalties).

If there are penalties don't finance with those folks. If there aren't, then you can pay the loan off at any time with no penalties. You pay the principle and the interest to the date of payoff and that takes care of it.

Good Luck,

Joseph

10-31-2012, 05:12 PM	#3
The Newell Senior Member Join Date: Dec 2005 Location: Southern California Posts: 1,018	All you really need to do is ask if there are any pre-payment penalties in the financing contract. Easy as that (not all contracts have penalties). If there are penalties don't finance with those folks. If there aren't, then you can pay the loan off at any time with no penalties. You pay the principle and the interest to the date of payoff and that takes care of it. Good Luck, Joseph __________________ 1976 Newell Classic (Sold) Home Base: Riverside, CA If anyone needs my contact info private message me and I will send it to you. -Joseph-