Re: Can I only pay my principle on my car note and...
New Member

Other financial discussions

Unfortunately, no you can not.  The most common way to lower your loan balance faster is to pay your regularly scheduled payment

( principle & interest ) PLUS an additional amount on the principle, if you're financially able to do so.   Also, shop around for an auto loan which includes a lower interest rate (APR).  And remember to never miss a scheduled payment.  If it looks like you're going to miss a scheduled payment, call your lender to discuss any options they may offer.  Best Regards, me.

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