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[–] 0 points 1 year ago (1 child)

Reread what I wrote, I didn't have a protracted auto loan. I actually paid the car off a few months after I financed it, because I didn't want to pay any more interest (even at 0.9%) and I could afford it. I don't even remember what the original term was.

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  • [–] 0 points 1 year ago

    Sorry, that wasn't clear, the system is really alien to me.

    But there are numerous reports from USA that paying of a loan early can hurt your credit score.
    Which is def bad & counterintuitive.

    The whole system is at best like a loyally card.

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