PIF autoloan drops score 7 points

[marty56]

A friend of mine told me that his FICO score (via Scorewatch) droped 7 points when an autoloan was PIF.  He has another open autoloan which he is still paying on.

IMHO since he still as an open installment loan I felt that something else might be going on so I asked him to pull a new EQ report but before he does, anyone have any thoughts on the score drop. 

[JoeBJay20]

Sometimes that happens with installment loans.  YMMV, some people see a small bump, some people see a small drop, some people see little to no change. 

[llecs]

The drop wasn't due to the mix of credit if he still has an open installment account. I paid of my car loan, and was my last installment account, and EQ went up 7 pts and TU dropped 5 pts. This was from 20% installment utilization to 0%.