Senior Contributor
txjohn
Posts: 4,214
Registered: ‎09-12-2008
Re: Pay off majority of auto loan?..

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.

 

 

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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