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re: does paying off a car loan early hurt credit?

Posted on 3/21/24 at 2:24 pm to EFHogman
Posted by sidewalkside
rent free in yo head
Member since Sep 2021
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Posted on 3/21/24 at 2:24 pm to EFHogman
No. Paying off any loan early will not damage your credit.
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Posted by FieldEngineer
Member since Jan 2015
2136 posts
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Posted on 3/21/24 at 2:30 pm to sidewalkside
quote:
Paying off any loan early will not damage your credit.


It could lower his score a bit, but I wouldn't worry about it unless you're about to buy a house or something.
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