u/Conscious_Load_1665

Car loan question

1 yr post chapter 7 bankruptcy and have been building credit sensibly.
Reaffirmed car loan for a great deal with a partial write off of the loan due to value depreciation.

I have an old 401k worth $19k - which would pay off my entire car loan where I could use the car payment as a savings avenue.

Would this be a good idea to be completely debt free?

reddit.com
u/Conscious_Load_1665 — 1 day ago