If you bought your vehicle recently, than you know just how expensive they can be, which is no wonder the average age of cars on the road are now averaging just over 11-years-old, according to an article from Forbes. The average price of a new car now sits at $30,500 says Yahoo Finance. Given the steep price, interest can add up quickly, but you can save money by sending your lender bi weekly payments.
The Six Year Plan
The average auto loan term is around 72 months, or six full years. If you bought the "average" car for a $30,500 sticker price, and took out a loan at five percent interest, then you're payments will be about $490 a month. According to an auto loan payoff...
Feeling overwhelmed by your student loan, mortgage or auto loan? Does it feel like you'll be making payments on them for the rest of your life? If you're on a traditional loan repayment plan, you're probably facing a 10- to 15-year student loan, a 30-year mortgage or a 60-month car loan. But there's no reason why you can't pay it off earlier if you're willing to work hard and buck the status quo by following some unconventional methods for getting out of debt faster. Here are three ways in which you can accelerate your loan repayment plan:
It may seem like an impossible dream, but paying off credit card debt is really quite simple. But simple isn't synonymous with easy. However the benefits of paying off your credit cards make it worth giving up this years' family vacation, limiting holiday gifts or even selling off a few possessions in order to come up with the money for your bi weekly payments. If the idea of being debt free isn't enough to persuade you to tone down your spending or ramp up your entrepreneurial endeavors, here are three benefits of paying off credit card debt:
You can save a lot of money with a simple change in the way you pay your bills. Rather than waiting until the bill arrives in your mailbox and your bank account is already empty, why not mail out a check when you're paycheck arrives? Visit the Half A Payment 
You're living the American dream with a well-paying job, a partner, a couple of kids, a handful of pets, a nice car and your ideal home, complete with a hefty mortgage. While your budget can handle all the monthly payments, maybe you want to know how to pay a mortgage off faster in order to get rid of your mortgage payment before you're checking out colleges or wedding reception venues? With a bit of creativity and out-of-the-box thinking, it's certainly possible save money and earn more of it so you can pay down your mortgage faster.
Using a 
Typically, loans default to having you make one payment every month. This monthly payment schedule probably isn't best for you, though. Most people find that a 
When you're choosing your best friends, you carefully evaluate what type of influence they are on your life, how they make you feel, and how well you get along with them. After all, you want people who will lift you up, not drag you down, and you want to have friends who you feel completely comfortable with. The same should be true of your payment plan on your mortgage. You should choose your friends wisely, and in the case of your mortgage, you'll probably find that biweekly mortgage payments will be the best friend you can find.
Far too often, people look at their monthly payments on a mortgage and just assume that's the best amount to pay each month. However, you have the potential to save a lot of money if you take a closer look at the payment options available to you and analyze what the best option truly is. A loan payment calculator is a valuable tool for helping you make decisions because you'll get to see exactly how much you'll save on each payment plan option.
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