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

I got forced to do this when I had a VEH stolen after about 6 months. Credit Score did go down some, but manageable for me at the time, as I happened to not be in the market for credit needs at the time. I ended up able to find a solid used car replacement I could pay cash for.

I'm thinking if you are looking to seek credit any time soon then you may want to hold of at the same time. Otherwise from my experience you should be good.

I'm also assuming your interest rate is super high, so worth the borrowed route. Or pay off some and invest the rest in a for sure thing from here, and pay your friend back sooner. Win-Win...but hook me up with the sure thing. Thanks.