By sending in extra money each month or making an extra payment at the end of the year, you can accelerate the process of paying off the loan. When you send extra money, be sure to indicate that the excess payment is to be applied to the principal. Most lenders allow loan prepayment, though you may have to pay a prepayment penalty to do so. Ask your lender for details.
Electrical wiring should always be installed by a licensed electrician and inspected by your local wiring inspector. Your house or apartment may be inadequately wired if: Lights dim and motors slow down when an appliance goes on; Fuses blow or circuit breakers trip frequently; Toasters or irons fail to heat properly; The television picture shrinks.