Moderator Emeritus
Posts: 6,182
Registered: ‎03-29-2007
Re: Auto Credit and Scoring

Drew wrote:

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.

I understand. The important thing is you that have some positive auto history now!