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mclarke1989

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Will paying off my car payment early adversely impact my credit score?
I have about 7K left on a car loan, am looking to buy a home in the next 12 months, have been aggressively saving and have enough for 20% down and an extra 7K if I want to pay off the car. Am worried that paying off the car loan early will hurt my credit score before I apply for mortgage.

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It will not have a negative impact on your score when you pay off your car early

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