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Posted in Auto Loans
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duboliver2000

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why did my credit score drop
I payed of a 48 month auto loan early in just 42 months, never payed late. As a result my credit score decreased by more than 60 points, why is this

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Because you closed an open account. Open accounts are what keeps a great score going. Be sure to do some reading on all of this as there is a lot to know.

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