If I paid my car loan off 2 years early, does that improve m

Credit score depends on 5 factors - They are your credit history (35%), amounts owed (30%),length of the credit history (15%), new credit and types of credit used. Now, since your credit history is good because you have never defaulted your monthly payments, your credit score must be good. If you want to repay back the entire debt, the "amounts owed" factor, which contributes 30% in your score, will improve, and so your credit score should also improve. But the debtor may charge you some fees for early closure.

I too think that paying off the debt early will improve your score. If you close your credit account early, the length of the credit history which contributes 15% in your credit score will be shortened which will lower your score. But since amounts owed, which contributes about 35% in your score decreases due to payment of the debt, the overall impact on your FICO score remains positive and so your score will increase.

Also...I believe, you'll be saving yourself the % if you pay the car off early. Good for you!! You sure will help your credit that way!!

Paying off any debt loan you may have, always improves your credit score. If I remember,..as I was looking at my CR, I DID actually pay off a loan early. The 'status' showed it was PIF (of course) it also showed (I believe) it was an "early payoff."