Does paying off a loan early improve my credit score?

@juston 

Paying off a loan early may have a positive impact on your credit score, but it depends on various factors. In general, consistently making timely payments towards your loan can help improve your credit score. However, paying off a loan early can also reduce your credit history, which could slightly lower your score temporarily. It is important to note that the impact of paying off a loan early on your credit score is typically minimal compared to other factors such as payment history, credit utilization, and length of credit history.