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Economics* IMPORTANT What will most likely happen if Karla pays off her car loan early? A. her credit score will increase B. her interest rate will go up C. her credit score will decrease D. her credit
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Economics* IMPORTANT

What will most likely happen if Karla pays off her car loan early?
A. her credit score will increase
B. her interest rate will go up
C. her credit score will decrease
D. her credit score will stay the same

User StatsNoob
by
4.9k points

1 Answer

10 votes

Answer:

It can actually hurt your credit score because open positive accounts can have a greater impact than closed ones.

User Bcoughlan
by
4.6k points
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