Question

Assuming there are no prepayment penalties, paying more than your monthly car payment can _____.

Select the best answer from the choices provided.
A.
reduce your maintenance costs
B.
help reduce total interest charges
C.
reduce your auto insurance payment
D.
affect your credit score negatively

Answer 1

B.

help reduce total interest charges

Explanation:

Assuming there are no prepayment penalties, paying more than your monthly car payment can help reduce total interest charges