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You decide to cash out your CD early. What will happen?

You decide to cash out your CD early. What will happen?
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4 votes
You decide to cash out your CD early. What will happen?

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User Benjamin Oman
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1 Answer

5 votes
Most banks want you to pay a hefty maturity fee if you want to take out your CD early. Some banks or credit union charge you three months of interest to the bank and you lose principal to that money.
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User Rodrigo Rodrigues
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