Re: Question about paying off/closin
g installmen t loan
09-23-2012 06:31 PM
If you have the ability, pay it off early. On top of saving interest, it will look very good on your credit report being paid off several months in advance. It may not increase your score tht much, ymmv. Congrats, quite a milestone!
Updated scores 03/06/2014 EQ 770 TU 763 EXP 768 (Fico)
Remember the Three P's: Pay early in Full, Pay on Time, Patience