Thursday, 15 December 2011
Your Questions About Increase Credit Score
Carol asks…How much does your credit score increase when you pay off an auto loan?The last time I viewed my credit report, it did not have my auto loan as paid off. I had paid it off about a week before my credit report was pulled. Does anyone know how much that will increase my credit score? My FICO score was 545 and I am wondering if it will increase significant enough to be considered for a home loan. I know the score is pretty low, but you never know with the housing market
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