http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/CLI-and-installment-pay-off/m-p/1642152#M212427 <p>Thanks shogun!  The CLI won't help util, as I already keep that at 1% or less, but it will help with Xmas spending -- only for free shipping and bonus bucks though.  Other than hopefully getting a mortgage in the next 6 months, we like to 'use' credit but remain debt free.  And paying off the car, once sold, will go a long, long way to our 20% down payment.</p> Sat, 13 Oct 2012 22:05:24 GMT Asailorshort 2012-10-13T22:05:24Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/CLI-and-installment-pay-off/m-p/1641846#M212406 <p>While checking CK this morning, I found out my Old Navy auto CLI'd from $200 to $400  (4th statement just cut).  And while online I paid off my car loan.  I still have another open auto loan reporting on EX and EQ.  Neither the cli or paid off installment loan will probably do anything to increase my fico score, but still it's nice to be reaching my financial goals.</p> Sat, 13 Oct 2012 18:43:56 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/CLI-and-installment-pay-off/m-p/1641846#M212406 Asailorshort 2012-10-13T18:43:56Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/CLI-and-installment-pay-off/m-p/1641984#M212418 <p>The CLI, although small will increase your util if you have any posted revolving debt.  And yes, although they may not affect scores that much, they are positive financial gins.  Congrats!</p> Sat, 13 Oct 2012 20:16:07 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/CLI-and-installment-pay-off/m-p/1641984#M212418 Shogun 2012-10-13T20:16:07Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/CLI-and-installment-pay-off/m-p/1642152#M212427 <p>Thanks shogun!  The CLI won't help util, as I already keep that at 1% or less, but it will help with Xmas spending -- only for free shipping and bonus bucks though.  Other than hopefully getting a mortgage in the next 6 months, we like to 'use' credit but remain debt free.  And paying off the car, once sold, will go a long, long way to our 20% down payment.</p> Sat, 13 Oct 2012 22:05:24 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/CLI-and-installment-pay-off/m-p/1642152#M212427 Asailorshort 2012-10-13T22:05:24Z http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/CLI-and-installment-pay-off/m-p/1642234#M212440 <p>It will also help with your DTI not having that payment on your reports.   Win/Win.</p> Sat, 13 Oct 2012 22:54:04 GMT http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/CLI-and-installment-pay-off/m-p/1642234#M212440 Shogun 2012-10-13T22:54:04Z