My CU (Affinity Plus) doesn't penalize me for paying early or paying extra on my $2,000 loan that I got to help build my "types of credit" points. So it makes the most sense for me to pay $1k or more and just pay less time, so I have less interest to pay, right? Am I missing something here, or is this a "duh"? I plan on paying a couple of years or so (or until I get another installment loan to replace it, like a car, which might be as soon as 6 months) so I can build my history, but I just want to be sure I'm not penalizing myself some other way here.
My Wallet:Fidelity Amex $1K, DCU $3.9K, US Bank AeroMexico $300, Quicksilver $1.3K, Cap1 secured MC $750, DiscoverIT $200, Care Credit $5K, Sportsman Guide Visa $3K, Kay $3K, Jared $3K,American Airlines CC $3K, Amazon $2.9k, Walmart $2.2k, Macy's $800 revolving/$5k furniture, Comenity retail cards $5.55kStarting Score: 618Current Score: 711
