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Hi,
In June 2011 i received a 3 year car loan from a local Credit Union. Being extremely afraid of debt, i paid it off within 1 year 6 months! But after checking my Experian and Equifax credit scores on myFico. Experian shows "Account paid satisfactorily" while Equifax shows "Pays account as agreed, Closed or paid account / zero balance".
Why is Experian not showing the loan as paid/closed? or is "Account paid satisfactorily" there way of saying close? It has been about 4-5 months since it was paid in full.
thanks for the help!
@jdeleon wrote:Hi,
In June 2011 i received a 3 year car loan from a local Credit Union. Being extremely afraid of debt, i paid it off within 1 year 6 months! But after checking my Experian and Equifax credit scores on myFico. Experian shows "Account paid satisfactorily" while Equifax shows "Pays account as agreed, Closed or paid account / zero balance".
Why is Experian not showing the loan as paid/closed? or is "Account paid satisfactorily" there way of saying close? It has been about 4-5 months since it was paid in full.
thanks for the help!
sounds like it's saying closed... as long as it's $0 and paid as agreed shouldn't matter.