Loan shows open

[xiownthisplacex]

I leased two vehicles in November and in April, I traded them in and purchased one. I just saw my report and saw that in one of the leases it still shows Open in EX and the other lease still shows open on all 3! Is this normal?

I have attached a screen shot. The top one is my purchase and the other two are the leases. 

I get plus scores from AMEX and I noticed this as well:

[quote]Installment loans usually carry large fixed monthly payments. Having three or more installment loans tells lenders that you already have committed to some large monthly payments and that you might not be able to take on any additional debt.[/quote]

Should I just leave it be? 

http://i1262.photobucket.com/albums/ii613/xiownthisplacex/car.png

[pizzadude]

From a FICO® perspective it's likely not hurting your scores to have the loans showing as open instead of closed. If you have an upcoming major purchase or app you might want to call and ask them to update it, otherwise I wouldn't worry about it.

[xiownthisplacex]

Ok good to know. I don't plan on getting anything anytime soon. Just a thought, would it affect me trying to get CLI on my CC?

[pizzadude]

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@xiownthisplacex wrote:

Ok good to know. I don't plan on getting anything anytime soon. Just a thought, would it affect me trying to get CLI on my CC?

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It's hard to know how it would look to creditors, YMMV. If a creditor denies you for having too many high installment balances I think you could probably recon the decision fairly easily.

[xiownthisplacex]

Funny pizzadude, the next day I asked this, one of my leases was reported closed to all 3 bureaus lol.

[pizzadude]

Ha too funny ! I think that your creditors must be lurking at MyFICO®

[xiownthisplacex]

I wouldn't be surprised hehe