Can I make additional payments towards my loan to pay it off faster?
Asked 6 months ago
Yes, you can make additional payments towards your loan with Chase Auto Finance in order to pay it off faster. Making extra payments can help reduce the amount of interest you'll pay over the life of the loan and may enable you to pay off the loan sooner than the original term. When making additional payments, it's important to indicate that the extra funds should be applied to the principal balance rather than future installments. You can make these additional payments online through Chase's website, by phone, or mail. Additionally, there are no prepayment penalties for paying off your Chase Auto Finance loan early, so you can take advantage of this option to save money and become debt-free sooner.
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