Quick question.
I took a 50k ASB loan from Maybank back in 2008 or 2009 (10 years term). Now I can afford to pay off the loan (about 30k remaining, current interest is 5.6%).

As far as I know it is better to settle the loan, but I've been getting different answers from the few people that I talked to about this (just small talk nothing deep)... one side agrees with me while the other says it's better if I just top up my ASB instead of paying off the loan because I'd get higher dividends...