@Ceewin wrote:
@FireMedic1 wrote:There isnt a HP for a SSL. Your borrowing your own $. Not the banks.
@FireMedic1 Thanks! I'll probably look into getting one after all the dust settles and my last baddie is gone!
You don't need an SSL when you have a mortgage. It would accomplish nothing for you.
@SouthJamaica wrote:
@Ceewin wrote:
Hello All!
Well, I thought my one and only installment (auto) loan would mature Aug 2022 but actually matured this month! I have to pay it in full by 7/13 in order to not have a 30-day late report. Currently it's 91% paid off and I gained a Whopping 8 points accross all three bureaus. Yes, I was expecting more but having a monthly-updating CA and a young-thin file was probably the reason it was only 8 points. Those two things are also the reason why I'll probably have a 20+ point loss when it updates to a Zero Balance Installment Loan. Any other time, this wouldn't be a problem, but we're in the process of having a house built (est completion Aug 31 2022). This means no new accounts so getting a NAVY FCU SSL is out...
I'm also aware I'll probably lose more once a new mortgage account reports.
The mortgage scores don't react to installment utilization like the FICO 8 scores. Usually they do not react at all. Some react, but much more slightly.
You might even experience a point gain, due to having one less account with balance.
Don't delay, pay it. You only have a couple of business days left.
Their most recent post stated "Auto Installment Loan PIF = -33 points" so it looks like the payment was made and processed and has already been reported to the bureaus. Agreed that the changes mentioned will impact mortgage scores differently, hopefully OP will report back with that info at some point.
@disdreamin wrote:Their most recent post stated "Auto Installment Loan PIF = -33 points" so it looks like the payment was made and processed and has already been reported to the bureaus. Agreed that the changes mentioned will impact mortgage scores differently, hopefully OP will report back with that info at some point.
Hello! Yes. The Auto Loan was PIF in June. Shortly after my original post. It stills feel great to have it PIF, but...
Unfortunately, I did lose 9 points on my EX (Fico 2?) mortgage score. 
I don't even want to know how much my FICO EQ & TU dropped, yet.
@Ceewin wrote:
@disdreamin wrote:Their most recent post stated "Auto Installment Loan PIF = -33 points" so it looks like the payment was made and processed and has already been reported to the bureaus. Agreed that the changes mentioned will impact mortgage scores differently, hopefully OP will report back with that info at some point.
Hello! Yes. The Auto Loan was PIF in June. Shortly after my original post. It stills feel great to have it PIF, but...
Unfortunately, I did lose 9 points on my EX (Fico 2?) mortgage score.
Interestingly there's not necessarily any corresponding effect on other bureaus. Revelate used to find that his EX FICO 2 had slight movement, while the other two had none. I used to find that my TU FICO 4 had slight movement, while the other two had none. 
Go figure.