Mar 1 2010
How will paying off a car loan affect my credit?
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After 18 months, I owe about k on a k car loan. I want to pay the entire thing off with one big payment, but am wondering how this will affect my credit. Should I pay most of it, say, k, in order to get a free extra months of positive reporting?
1 Comments on this post
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DUDE!!! said:
paying things off early wont hurt your credit rating , it will only improve it . i always paid things off early and i havw an excellent credit rating,
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0March 1st, 2010 at 7:28 pm
