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Loan Modification

: Loan Modification & Home Loan News

Will paying off my mortgage affect my credit score?

By Moe Bedard

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Paying off your mortgage may negatively affect your credit score if it happens to be the only loan that you are paying by installment. However, the actual effect is very small and you could ignore it if you want the peace of mind of having no debt to pay. Paying off the loan early may [...]

Full post as published by Loan Modification & Home Loan News on March 10, 2010 (boomark / email).

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