Auto Loan

[Anonymous]

Paid off my auto loan... that was anticlimatic Anxious to see how this affects my credit score but hoping it won't drop since I still have one other auto loan and a few student loans reporting. Is it typical to see a drop even with other installment loans reporting?

[Anonymous]

Everyone's profile is different. I had two auto loans and my student loan. I saw a 30 point drop when one auto loan closed.

[Anonymous]

Yikes! Did your score recover from the drop slowly or did it bounce back quickly?

[Anonymous]

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@Anonymous wrote:

Yikes! Did your score recover from the drop slowly or did it bounce back quickly?

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For me, it bounced back within 3 months.