Re: Paying Down Installmen
t Loan - as Effective as Paying Down Credit Cards?
04-18-2013 04:59 PM
Thanks for the response. So, if I were to pay off the installment loan, I might get a bump in my score, but it would be more from adding a zero balance than anything else. Also, how much of a bump is it? Minor?
I find the whole process fascinating. It is like trying to decipher a mystery.