HowDoesIAdult t1_j2fa5m7 wrote on December 31, 2022 at 9:04 PM

Reply to comment by Johnny_Leon in Weekend Help and Victory Thread for the week of December 30, 2022 by IndexBot

Short term your credit score will fluctuate a bit (opened a loan and paid it off in 1-2 months, hard inquiry) but after a couple months it will relax after a couple months. Other than that it doesnt really make a difference one way or another

Johnny_Leon t1_j2fbevk wrote on December 31, 2022 at 9:13 PM

Alright, this was an urgent buy as my car was totaled in another state and I had to go to work after getting back. So even with my 750+ credit score, the interest rate is still not what I wanted. So, I figured I’d just pay it off now and it’ll save me $10k in interest.