Valued Contributor
Posts: 1,057
Registered: ‎09-29-2009
Re: Paid off car & score went down - Need to buy new car

Well a few other posters seem to indicate that the closed loan affected their credit scores so I guess depending on your credit profile (bucket) it is not out of the question. But with the paid as agreed auto loan the OP should have no problem with another car loan. And that was the primary concern.Smiley Happy

Best financial advice I ever got: "Just imagine what an adult would do and do that."

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