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Car loan or pay cash

Car loan or pay cash

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Here are the loan details : Car Loan : 2.8% APR with a balance of $11,300; Student Loan : 3.0% APR with a balance of $7,300; I have enough cash to pay off both loans

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Those who have a substantial savings may be blessed with the luxury of choosing to pay cash for a big purchase or to get a loan to finance to buy a new car,

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