Not necessarily true - they like to see loans that are paid off on time. Also, if you have multiple lines of credit, that are not used; they love to see that shit as well.That makes no sense. Paying off loans makes your credit go up not down. It means you were good enough to see an entire loan through. That’s as good of an indicator of good credit worthiness as anything.
in my experience, when I paid off my PayPal + one of my credit card debts last year my credit score went UP 50 points.
but really - that cash in your pocket, or invested in something is way better than the value of owning a paid off card cash is king man screw paying off cars haha.
when the markets correct soon will be an excellent time to hop in on the weed ETFs