House Logic has some tips that might help even seasoned home buyers. Today we’re featuring…
Myth #6: Paying off a student loan or car loan early will hurt your credit.
Reality: Ah, no. Credit report companies definitely do not punish you for paying off loans early. They might even throw you a parade. (Not really. Put away your princess wave.) While responsibly paying installment loans may be good, paying off those loans is way better.