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Moneyman1269

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I have paid off the mortgage on my home but my credit score dropped.

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That is typical. When you close an account that has a postive standing in your credit profile you can expect a score decrease. You would think that paying off a loan would make your score increase as it should be a good thing, but unfortunately it does not work that way. Make sure that you designate some time to do some reading on the subject of credit so you can learn all the information that you need for a successful future in the credit game.

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