@Anonymous wrote:What do you mean that they wouldn't see a benefit? Hundreds of people on this forum have reported a 25-30 point gain when employing the SSL technique. Now, if you have an open auto loan currently than the SSL technique will not improve your score. You would want to open the SSL a cycle or two before you plan on paying off your auto loan so that it's in place and reporting by the time your auto loan reports closed.
As far as installment loan breakpoints, most believe the first to be at about 70%. There may be others along the way, but taking it below 10% is what yields the greatest scoring benefit (the full 25-30 points).
I was saying I wouldn't see a benefit because I have an open secured installment loan already, not that no one sees a benefit 
. My auto installment is currently at 80%, and I wouldn't be able to pay it off in full without pushing my home buy past the fall, which I absolutely cannot do for personal reasons. Believe me, I would LOVE to do that since my interest rate is 21.86%, but there's just no way around it.
I can definitely swing the 70% marker, I'll give that a shot and see how it shakes out.