Regular Contributor
Posts: 248
Registered: ‎03-27-2007
Re: Auto Credit and Scoring

Tuscani wrote:

Drew wrote:
Good stuff.  I actually paid a hefty auto loan in 3 months, so does that help my Auto FICO?

I would think so. I personally would have made the payments over a longer period of time (six months at least). History is key for any TL.. but I feel Installment credit flects more against age.. and revolving against util.

Good point, but it just wasn't an option at the time.

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