Anyone have any experience with their scores once they have paid off their last open installment? I have a very small balance on a car loan (less than $100). This will leave me with 5 open revolving tradelines on my reports and nothing else open. I think I will have received the full point benefit from this tradeline next Spring. I can keep it open for a few more years if I want but it is easier to have less than half of all open accounts reporting a balance if the car loan was closed/paid. I allow 2 credit card lines out of 5 report balances each month. No baddies and relatively short account history.
