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re: Paid off my last car loan in full

Posted on 7/18/14 at 10:56 am to
Posted by vuvuzela
Oregon
Member since Jun 2010
14663 posts
Posted on 7/18/14 at 10:56 am to
I don't have many accounts which have been opened longer than 5 years. In fact I only have 1 now, which is my Discover Card. My mortgage is 3 years old now, so the length of my credit was negatively impacted by paying off the loan. Obviously it impacted my score much more than my debt ratio which was relatively low already.
This post was edited on 7/18/14 at 10:57 am
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