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Posted in Auto Loans
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Question By
orlandoland

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Will reaffirming loan lower my score?
I have approx. 16 remaining months on my car loan. I have kept the payments current since BK but have not reaffirmed the loan. I want to apply for a mortgage refinance 10 months from now and hope to raise my credit score by reaffirming my car loan but worry that this will actually lower my score by creating a direct credit inquiry?

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