https://ficoforums.myfico.com/t5/Mortgage-Loans/Consumer-Finance-Loan/m-p/217274#M12577 It is a minor hurt and they stay on for 10 years after closing anyway! Tue, 22 Apr 2008 00:30:39 GMT MidnightVoice 2008-04-22T00:30:39Z https://ficoforums.myfico.com/t5/Mortgage-Loans/Consumer-Finance-Loan/m-p/217258#M12576 <DIV></DIV><DIV>Will paying off/closing a consumer finance loan cause our scores to tank?&nbsp; I thought that having them hurt fico scores.......so, getting rid of them should help, right?&nbsp;</DIV> Tue, 22 Apr 2008 00:14:49 GMT https://ficoforums.myfico.com/t5/Mortgage-Loans/Consumer-Finance-Loan/m-p/217258#M12576 sunrise 2008-04-22T00:14:49Z https://ficoforums.myfico.com/t5/Mortgage-Loans/Consumer-Finance-Loan/m-p/217274#M12577 It is a minor hurt and they stay on for 10 years after closing anyway! Tue, 22 Apr 2008 00:30:39 GMT https://ficoforums.myfico.com/t5/Mortgage-Loans/Consumer-Finance-Loan/m-p/217274#M12577 MidnightVoice 2008-04-22T00:30:39Z https://ficoforums.myfico.com/t5/Mortgage-Loans/Consumer-Finance-Loan/m-p/217438#M12592 <DIV>Thanks, MV....I now know that having them hurts, but what is the outcome of closing them?&nbsp;(paying them off)&nbsp;We are making our last pymt. this week, and I don't want the scores to drop too bad when we lose the line of credit.</DIV> Tue, 22 Apr 2008 02:39:21 GMT https://ficoforums.myfico.com/t5/Mortgage-Loans/Consumer-Finance-Loan/m-p/217438#M12592 sunrise 2008-04-22T02:39:21Z