Installment is installment! On time payments are what counts. Revolving debt carries much more weight.
fused111 wrote:4. NO!
I did not know that. I always thought Auto installment debt counted lighter but still negatively to your score. Is it only Auto debt or all installments debt is ignored?
bobkelly wrote:Pay down your loans as soon as possible to save on interest.Your right if you want to save $$. However, many at this forum are trying to improve their FICO scores and overall credit rating. Sometimes certain actions do not help you do both.
Is there a way to block this edit from showing up when I read a thred?
No need for name calling. Thanks!