Hello All,
In Jan. Of 2006 I bought a car from Carmax who has a 7 day return policy on vehicles. I got financing and bought a vehicle and then 6 days later returned it and got another vehicle instead. When I swapped it, the car saleswoman rechecked for financing and found I could get a better rate now through Citibank versus what capitolone (the original financier) was offering. So I went ahead and went w/citi but even though I never made a single payment to cap1, they reported on my score just once in the month of Jan. As "pays account as agreed" "paid satisfactorily" and "closed". Does this hurt or help my score in anyway?
