Why Doesn’t Paying Off An Installment Loan Improve my Credit Scores?
Why Doesn’t Paying Off An Installment Loan Improve my Credit Scores? Auto Loans by John Ulzheimer Share Share Email “I liquidated my IRA and paid off my truck but my credit score didn’t go up.” This is another scoring myth that may not make sense, but it is based upon statistical data – the myth […]
If I Pay or Settle a Collection Will it Improve My Credit Scores? A New Answer To An Old Question!
If I Pay or Settle a Collection Will it Improve My Credit Scores? A New Answer To An Old Question! Civil Penalty by John Ulzheimer Share Share Email A collection account results from an unpaid bill that is usually past due 150 to 180 days (5 to 6 months). When the creditor determines that the […]