<prompt> Human: About a year ago, I took out a 0 interest loan to buy an expensive engagement ring. Yes, I realize now the interest was built into the principle. My monthly payment on this is 300 and continues for another 34 months. I have no other credit card debt and my only other loan is my car loan. Am I correct that I am better off only making the monthly 300 payment on this for the next 34 months and using any extra cash to pay off the car or go into savings instead since there is no financial incentive to pay it off quicker? I could pay the entire thing off in 5-6 months if I really applied all my extra money to it but I dont feel thats probably the wisest thing to do with that . Any advice suggested.Yes, I have 3 months of my average living expenses sitting in a segregated account already.  <response>: Damn! Thats an expensive rock. Yeah if it doesnt accrue any interest over the time frame, really no reason to pay this early. 