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Posted in Auto Loans
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MichaelDB23

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Auto Loan - Pay off early or stretch to entire term to improve credit score?
Rebuilding credit after a B-Rupt 9 months from discharge. Score is 689 on KC. I know a $10K car loan will be a big boost but would prefer to pay it off in large installments. 1) Will I be able to get 1 or 2 year financing? 2) Will it be better to put the money aside and stretch the loan with the min. payments for the purpose of improving credit score?

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