<prompt> Human: Old van exploded figuratively, bought a used van with 22,000 loan from USAA at 2.79. We had planned to pay off the loan in the first year, but money came in faster than expected and we can pay it off before our first payment is due. Should we? Have over 800 credit currently, would this negatively impact credit? Is it better to invest the money rather than pay off such a low interest debt?psychologically speaking, I hate debt and would prefer to pay it off ASAP. EDIT: Thanks for the feedback - great responses all around. We have no other debts to pay down. Only debt we have is our mortgage 400k.EDIT 2: there are many confused about how I got a rate below 5. LMGTFYYou also get additional interest rate reduction if you use their car buying service. Our original rate was 3.29 and got 0.5 lower for using their car buying service. Which is essentially me searching for the car I wanted in their app and presenting it to the dealer - very simpleAlso - we are in CA, no prepay penalties here  <response>: If you have the discipline, do not pay off the auto. Assuming you are not within 6 years of retirement, invest the money in an index fund. 