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You want a low balance to loan ratio and at least 1 active installment. Impact is going to be much smaller than revolving utilization though.
Total CL: $321.7k | UTL: 2% | AAoA: 7.0yrs | Baddies: 0 | Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping |
Installment utilization is aggregate, simply paying off 95% of one loan won't result in a score shift. With the auto loan in play, unless you can nearly write a check for the car, reindeer games with the $1500 loan won't do anything FICO wise though it would save you some amount of interest.
Under 10% (maybe under 9% depending how things get rounded) is the sweet spot when it comes to installment utilization.