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Why Did My Credit Score Drop After Paying Off a Loan? 💡 #shorts #creditscores

Ever wondered why your credit score drops after paying off a loan? It’s a common question, and I’m here to explain how closing an account can impact your credit. Don't worry – it’s usually temporary!

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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate