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How can you reduce your total loan cost

How can you reduce your total loan cost
asked 77.3k views
3 votes
How can you reduce your total loan cost

asked
User Mellisa
by
9.1k points

1 Answer

0 votes

Answer:

#1 Compare Offers And Do Research Beforehand. ...

#2 Choose A Shorter Term. ...

#3 Use Auto Pay For a Reduction in the Interest Rate. ...

#4 Make More Than The Minimum Payment. ...

#5 Refinance Your Loan. ...

#6 Use Part Of Your Bonuses, Tax Refunds, Or Gift Money. ...

#7 Look For A Loyalty Discount.

answered
User Waldemar
by
8.6k points
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