<prompt> Human: I have about 7478 7527.01 interest left on my car payments. I have about 3 more years to go on the loan term. I was wondering if its wise to just pay off the entire thing in one swoop.Ive done a pretty good job of keeping up with the payments, including paying more than the minimum to which is why the interest left is only about 50.Im just tired of having to pay the bank monthly and I dont want anymore interest accruing.This is a considerable amount of money for sure however I dont have any other debt other than student loans. And Ill still have a decent amount of cushion cash.Is this advisable? What are some of the pitfalls?  <response>: If you dont like being in debt, and have the cash to pay it off without compromising your emergency fund, then pay it off!What is the interest rate compared to your student loans? If the student loans interest rate is higher, your money is better spent paying down those loans. 