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> My credit score dropped 60 points because of it! LOL. Sorry, not sure I understand. Does that mean your score got worse because you paid early?
by mafuy 4y ago
> My credit score dropped 60 points because of it! LOL.
Sorry, not sure I understand. Does that mean your score got worse because you paid early?
- yardie 4y agoYes, when you pay off a car loan the bank closes the account and your available credit line goes down as well. So your drop in credit age and credit line makes your credit score to go down.