Home Equity loan pay off
Only owe $2700 on my home Equity loan. Should I pay off and keep open. Or pay off and close it. Afraid it will hurt my credit score.
Terry Says
It won’t hurt your credit score to pay off a home equity loan early. And it’s probably a good idea if you have the cash. Less debt to income might actually increase your credit score. Besides, why pay interest if you don’t have to!