@Anonymous wrote:
How soon before an auto loan begins to add big points to your Fico score?
Is this your only Installment account?
Do you have a mortgage?
IMHO-
An Installment account will balance you "types of Credit"
Giving a boost.
Never- never be late-
Going to get hit by INQ, then the new account, and possibly avg account age.
It will really start helping after 6 months and helping more when the balance gets under 50%.