- Centurion Member
- Posts: 4047
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
My condolences for your loss.
1. I don't know how CA inheritance laws would work, or what estate measures, if any, your brother had in place for his car. It seems possible that while/after you pay the car off, someone else could try to lay claim to the car (an estranged relative, perhaps). It sounds like the credit union is only concerned with seeing payments continue to roll in.
2. The FICO-maximizing solution might be to stretch the payments out over time, to get a higher AAoA. I don't know the terms of any penalties for paying the loan off early.
If I was in your position, though, I would want to just pay it off ASAP and be done with it. It would make me feel good and be a good-enough credit/financial situation.
Very useful: SchwabPlat, CSP, IHG, Costco (was AA Plat), Freedom, SPG
Somewhat useful: Discover, ED (was EDP), BCE, Hyatt, Arrival
May close or PC: Prestige, BrooksBros
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech