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Consumers often make suboptimal loan prepayment choices

  • June 9, 2026 at 3:20 PM
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Consumers often make suboptimal loan prepayment choices
When consumers pay down debt, many choose to put funds toward their oldest loans first—even when doing so may not make the most financial sense, according to recent research by Alicia M. Johnson, assistant professor of marketing at the Isenberg School of Management.

Originally published at Phys.org

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