Auto loan question

Discussion in 'Credit Talk' started by tommyy, Sep 14, 2002.

  1. tommyy

    tommyy Well-Known Member

    I leased a car for 3 years with perfect payment history. It just posted at the 3 CRAs as paid, never late ,zero balance. I chose to buy the car from Chrysler Financial (regular loan). Will I get credit for a fully paid off car loan for the original lease ? I'm thinking about buying another car and I know a fully paid never late Car loan helps with the Auto FICO score. Thanks!
     
  2. tommyy

    tommyy Well-Known Member

    Bump
     
  3. LKH

    LKH Well-Known Member

    These are actually 2 separate loans/transactions, so I would assume that the lease should show as it is, and, the loan for the purchase should show up as a second trade line.
     

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