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What is the impact of non revolving loans (personal/vacation) on one's credit?
Posted on 3/28/13 at 6:34 am
Posted on 3/28/13 at 6:34 am
Say $3,500 @ 8ish% over 2 years but it ends up getting paid off within a few months. How is this viewed by future lenders? Is there risk associated with doing this on a yearly basis?
1
Posted on 3/28/13 at 7:53 am to Schwartz
I've done this twice from la cap fcu and its never hit my report.
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