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Paying off credit cards and loans early should not hurt your credit score. Missing payments will hurt your credit score. Lowering your overall debt-to-credit ratio should actually help your credit rating.

But, "can this hurt me in any way?" is a different question. The answer to that is maybe. Check your contract to see whether making early payments on loans results in fees. Paying off debts aggressively may hurt you if you've neglected to save for an emergency.

In the long term, you are better off paying attention to your own financial well being, and not what credit rating agencies make of your strategy.  If you can eliminate unproductive or counterproductive consumer debt, your financial position will improve, regardless of what impact it may have on your credit score.

Always remember, lenders will lend when it makes economic sense for them to lend. This is not necessarily related to your financial well being.  Don't let credit score considerations eclipse your own best interests when you are deciding on your financial strategy.