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The score calculator has some pretty nice features, but it would be nice if it included more scenarios for installment loans. I'd like to know what would happen to my credit score if I were to pay off my mortgage in 1 payment, or sell it. Same could be said about a car loan.
@Fitzgibbons wrote:The score calculator has some pretty nice features, but it would be nice if it included more scenarios for installment loans. I'd like to know what would happen to my credit score if I were to pay off my mortgage in 1 payment, or sell it. Same could be said about a car loan.
I agree. It showed what happened if you pay student loans down or off, but it doesn't show anything for the other types of installment loans. That would be very beneficial.