Re: Pay off majority of auto loan?..

txjohn · ‎09-12-2008

Yes, it would improve your credit to obtain a loan and then pay off early.

You could also look into a savings secured credit card with a credit union.

Credit Scoring 101 - Tuscani * Guide to Common Abbreviations
Frequently Requested Threads * FICO High Achievers * FICO Score Estimator

09/03/2009 TU: 777, EQ: 776 ($8 balance on an account dropped me out of 780's)
03/28/2009 TU: 814, EQ: 810, EX: 781 (02/12/2009)
05/18/2005 TU: 563, EQ: 580, EX: 549