Re: Paying off car/credit scoreIn
11-26-2012 10:52 PM
Installment loans are up there with Mortgage loans, they show more resposiblility as does a Mortgage so a higher credit score. I am at 704 from 554Since January. I owe 1500 on my "credit builder" which is listed as ainstallment loan.
I just need them to open this installment loan back up but I think since talking to the supervisor it should be, I lost 34 points when it closed so should gain that back(
YMMV) I have so much to worry about... like there was nothing on my TU left and a medical account hit my report, I paid it immediately and found out today it is listed as a 'charge-off' what to do? My score there is 650 something. How will they figure that since I am 704 EX &EQ do they add them together and get the average?