Question by Rachel D: Is paying off my car loan early a bad idea?
I've heard that paying off a loan such as that for a vehicle/installment loan can actually hurt your credit score. I was on the path trying to get debt free and directly turning around and purchasing a home.....but if this is true then I will have gotten debt free, credit score drops, get a worse interest rate and end up spending more over the years on my mortgage. Is this correct? I can have my nearly 20k loan paid off in
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