You would think a lending institution would be happy to get its money back early, but that’s not always the case. Believe it ...

If you’re thinking about paying off your auto loan early, you’re probably aiming to save money on interest and enjoy the freedom of debt-free driving. But before you make that final payment, you need ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

Prepayment penalties increase costs for early loan payoff, often added to mortgages. Soft prepayment options permit selling homes without penalty, unlike hard penalties. Investors in MBS might receive ...