I know that my Equifax score is 730. However, my auto loan isn't being reported to Equifax, only TU and Experian. My question is: do you think this will raise or lower my score? I owe about 25% on the loan, and it's my 2nd oldest account (1st oldest on TU and Experian).
Re: Auto loan-help or hurt FIC Any late payments? Is it with a bank or a finance company? How much do you still owe? vj
Re: Auto loan-help or hurt FIC No late payment. No derogs ever on my reports. It's with a bank(credit union). I owe $4000 on a $15541 loan.
Re: Auto loan-help or hurt FIC Look Dave its a sweet acct, no doubt.If you need the points for a loan, get it put on. If not, wait untill your under 20%,and if you miss a payment in the meantime, you could reconsider having it added. vj