Last night I mailed off what is probably the biggest check I've ever written. And you guessed it - it's the one to pay off my car. **Scary**, very scary. Then again, it needed to be done. Yes I sent it early, I couldn't wait any longer and my courage was waning. (grin)
I should note that I didn't send the entire amount due. I will owe around $149 bucks after the check clears. I had a few reasons for doing this. First of all, my car loan goes up about $1.25 a day (for those who don't know - car loans vary in what is actually owed day by day, for real). So if I paid off the whole thing, I'm quite certain I would be left with a $2.50 balance because it takes a few days to get there and process.. and like hell if I'm going to write a check for $2.50.
In addition - I'm not sure if there is a penalty for paying it off early. That's the 2nd reason I didn't pay the whole thing off in one shot. I will be calling them as soon as I finish writing this (they have a 24-hr toll-free support number, neato).
I pray to God that no unnecessary crap happens with all this. Banks hate it when you pay stuff off early, because they lose money when you do it, hence the reason they don't like it.
And sure enough - a problem happened with the car today. The blinkers decided to stop working for about 5 minutes. Then they came back on, then went off again. I think I have about 1 or 2 months of warranty left of this thing, so that's another call I will be making tomorrow. I will just make it before the warranty expires. (grin)