Redlining, and the Credit Impact of Paying Off a Car Loan

On this episode, Sean talks with mortgage writer Linda Bell about the legacy of redlining and the racial wealth gap. Then, Liz and Sean answer a listener's question about whether to pay off a car loan early — and the potential impact on their credit. To have the Nerds answer your money questions, email podcast@nerdwallet.com or call or text the NerdHotline at 901-730-6373. And visit www.nerdwallet.com/podcast for more info on this episode. Learn more about your ad choices. Visit megaphone.fm/adchoices