Birdwatch Note Rating
2024-02-11 21:58:22 UTC - NOT_HELPFUL
Rated by Participant: ACC7DD1449042066F9FD39FC4C764BF662E1351DB3262903023FB1CD45867FA5
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.
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