<prompt> Human: So I finally decided to pop the question, and thankfully I inherited a diamond so I got out a lot cheaper than I could have, but I still had to buy a band and get it set. So off to the local jewelry store I went. The store told me they had a special 12 month 0 apr financing offer. I thought I could afford to pay it off today, but why bother if I get 12 months? So I signed up for it. Today I got an alert from Credit Karma that my scores had changed. I was expecting a little drop but it went down 85 points?! Should this worry me, especially since I would like to start looking at a house in the next few years. Also, would it benefit me to just go ahead and pay it off now?  <response>: Long term it will not affect you as long as you dont miss payments. Short term you just did a credit pull and opened a new loan so thats why it dropped so much. Im not a fan of those types of financing anyway but as long as you pay it before the 12 months are up the loan will close. If you plan to buy a house in a few years it should not have an effect by then. 