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Posted in Auto Loans
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ALIREZA297

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auto loan can increase my score credit?

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Initially no because of the inquiries that result from loan approvals. After a few months of good payments and history your score will slowly recover & increase.

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Don't fall for a car loan that will have you always "under water". Low down payment where you're always owing more than the car is worth. I had the oppertunity to pay down my car by $5000 and re-fi, raised my creit score about 20 points.

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