re: Paid off my last car loan in full

quote:

---

Think about it - the goal of the credit system is to encourage people to take out loans/consume. That's how they make money. Frugality, for them, is bad for business.

---

Exactly. Paying off a loan early is lost revenue for the lender.

I don't worry about my credit score. I pay off my debt as fast as I can and pay off my credit cards every month.