Debunking the Horror Stories of The Rule of 78’s.

Is The Rule of 78’s Theft, a Trick, or a Trap? Well, that’s what some financial people would have you believe, anyway. (BankRate.com gleefully titled a column by Lucy Lazarony – “Watch Out For This Auto Loan TRICK.”) The Motley Fool also calls it a “trick” in a column by Kailey Hagan: “Hint: It’s another… Continue reading Debunking the Horror Stories of The Rule of 78’s.