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New car loan account in dealership CU/but i did refi in 2 weeks

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GetMeSlick
Established Contributor

New car loan account in dealership CU/but i did refi in 2 weeks

Hello All,

I got the new car from dealer approved Leominster CU loan on Feb 18. On Mar 2nd, i paid that loan with Penfed refinance. Now my EQ credit report alerted new account from LCU. I know this is fair since the account was opened but closed 2 weeks later. 

 

But my question is will that show as Auto loan amount trade line as open/closed? if so closed, how long will it stay there on the report?

4/2024 FICO TU-840|EX - 838|EQ -840
Total Credit - $535K+
Starting Score: 640
Current Score: 840
Goal Score: 850


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Gardening since Mar/2024
Message 1 of 3
2 REPLIES 2
settleordelete
Regular Contributor

Re: New car loan account in dealership CU/but i did refi in 2 weeks

About 7 to 8 years.
I've been where you are trying to go and I don't wanna go back.
Message 2 of 3
Chris679
Established Contributor

Re: New car loan account in dealership CU/but i did refi in 2 weeks

Positives trade lines stay on your credit report for at least 10 years. 

Message 3 of 3
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