Will getting an auto loan improve my credit score?

Answer Getting an auto loan can help your credit score in the long run if you make all your payments on time. It can hurt your score temporarily, however, if you are making too many inquiries on your cred... Read More »

Top Q&A For: Will getting an auto loan improve my credit score

Does paying off a car loan improve your credit score?

Paying off an account in full does not remove it from your credit report. To improve overall credit ratings, pay accounts on time and avoid large limits on revolving accounts such as credit cards. ... Read More »

What is the minimum credit score for getting a car loan?

On One Hand: About 600, But It DependsThe actual minimum credit score that a lender will consider on an auto loan depends on the standards of the particular institution, but around 560 to 600 is th... Read More »

Will the"Credit Secrets Bible"really improve my credit score?

On One Hand: It Contains Valuable Information.The "Credit Secrets Bible" program is based on proven techniques for repairing your credit score. It offers no miracle cures or innovative ideas, but t... Read More »

Will a student loan deferment affect a credit score?

On One Hand: Not ImmediatelyHaving a student loan in deferment means you and your lender have arranged to postpone payments for a specific time period. The lender still reports you as in good stand... Read More »