Birdwatch Note Rating
2024-02-11 20:33:04 UTC - HELPFUL
Rated by Participant: 99136D02F1E0162E5C3F5952CAD9FD36D3A972DB374C88A9539A24753EF30549
Participant Details
Original Note:
Paying off a car loan over time wont drop your credit score. Paying off a car loan EARLY will hurt your credit score temporarily. This is a hard to believe case and sounds like interaction bait. There are many factors that go into someone’s credit score. https://www.capitalone.com/learn-grow/money-management/does-paying-off-a-car-loan-early-hurt-credit/ https://www.chase.com/personal/auto/education/financing/the-pros-and-cons-of-paying-off-a-car-loan-early#:~:text=Repaying%20a%20loan%20early%20usually,be%20an%20early%20prepayment%20fee.
All Note Details