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Posted in Auto Loans
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Question By
TonyTownzen

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Should you wait a year to pay off a car loan for it to hit your credit score?
I have a car loan at 1.83%. I have the cash to pay it off, but was told that I should wait a year before doing so because it won't show up on my credit score if I pay it off before a year. I was told that after a year I could pay it off and it will show up on my score.

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