re: Does your credit score drop if you pay off a car early?

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If buying a home, do it before pre approval or you will have to wait over a month after close if you don't want problems with the bank.

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Not necessarily true. I was still on my construction loan and about to finish my house and convert to a permanent loan. I asked my loan officer if I could go ahead a buy a car before the house was done or should I wait. She said it was fine. I asked a second time, are you sure, she said go ahead so I did and had no issues.