My partner has finally paid off her house this month. Yay! What I am curious about, is that now that she is no longer in debt, and in fact paid the note early, will her credit rating go up?
We are not thinking about re financing or anything like that, but I know that her car insurance is based on her credit score, and so is her credit card. It would be neat if she could re-negotiate those rates, and save some money there.
Thanks in advance.