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It should be illegal to have prepayment fees for paying a loan off early.
>>
most prepayment penalties only apply if you pay it off early on in the life of the loan. if you pay it off 5% into the life of the loan the bank just wasted time and energy when you could have just gotten a smaller loan or not needed one at all. that's why the payment penalty exists.
most places won't charge you any penalty if it's past the 50% mark.
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>>58989533
anything should be legal within the confines of a contract consented to by knowledgeable parties
>>
That's a thing now?
BWHAHAHAHAHAHAHAHAHA IMAGINE BEING AN AMERIMUTT HAHAHA



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