Seeking advice on an ideal time to pay off auto loan
So, I took out an auto loan for the first time in order to build my credit score (so it would help me when I buy a house down the road). With that said, I also don't want to take the whole 48 months to pay it off as it will cost me more $, not only for the interest but the auto insurance requirement on financed cars. So, I'm hoping to hear from experienced people on this forum to know how long I should take to pay off this loan and the best way to do it. I already have a good credit, so I'm just trying to raise it if that helps. This is just an arbitrary number, but would 2 years build enough credit? If so, would it be possible for me to make a huge payment toward principal to reduce the interest right away and keep making payments with smaller interest over time? I'm financing through Subaru (I believe they use Chase). Please share any tips/success stories.