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Posted in Auto Loans
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Tiredofthebull

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How much will a paid in full auto loan raise my score
My truck was stolen and insurance totalled it and paid loan company and I came out with just a lil to put towards Down paymwmt on replacement vehicle. I did not worry about making a payment because insurance was paying it off. Due to holidays the payment from insurance to loan company was delayed, causing a 63pt drop on credit score...So now I'm needing vehicle loan and have lowered score, my hope to have it rise quickly is having the account closed paid in full..How much will that raise my score

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