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Paying off Wells Fargo Loan...

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fishbjc
Senior Contributor

Paying off Wells Fargo Loan...

after 2.5 years.  Should I see a bit of a score jump?
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1 REPLY 1
Anonymous
Not applicable

Re: Paying off Wells Fargo Loan...

Depends on how it was reported. If line of credit that reported as revolving maybe. But on that one your score would have gone up as you dropped into lower utilization buckets. Installment loan is doubtful. Others on here have reported that their scores did not change after paying off their mortgage,car or other installment type loans.
Message 2 of 2
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