How many payments would I need to make monthly to pay a car loan off in 6-8 months when the loan is for 6 yrs?

Question by jordinator3: How many payments would I need to make monthly to pay a car loan off in 6-8 months when the loan is for 6 yrs?
The interest rate is 23%, yes, bad credit. The loan was for $ 12,995 and the interest added brought it to almost $ 23,000. I owe $ 307.00 monthly and can afford significantly more if I need to. My goal is to pay it off in 6-8 months and need to know how much it would take to do that?


Best answer:
Answer by DHIf you want to pay it off in 8 months

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