'Pay Off The Car Loan Or Save The Cash?' Suze Orman Shares What Makes The Most Sense For A 72-Year-Old Listener's $25k Dilemma

By Yahoo! Finance   |   2 months ago
'Pay Off The Car Loan Or Save The Cash?' Suze Orman Shares What Makes The Most Sense For A 72-Year-Old Listener's $25k Dilemma

Sharon has a $25,000 CD maturing in 2025 and an $8,000 car loan with monthly payments of $351. Financial expert Orman advised her to pay off the car loan for increased financial security, despite potential higher returns from investing the CD.

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