Paying off a loan is a major milestone. Whether you’ve finally cleared your student debt, paid off a home improvement loan or own your car outright, making your last loan payment calls for celebration. But before the balance hits zero, there are a few things to know and prepare for, including: Your credit score could…

Annie Millerbernd writes for NerdWallet. Email:

The article What to Expect After Paying Off an Installment Loan originally appeared on NerdWallet.

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