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Ive had a 2,000$ loan, Ive been paying on it for a year, on time, but I paid it off yesterday a full 700$ . Will it look good on my credit that i paid it off?? Will it help my credit..

What looks good and what looks bad on credit.
im not trying to look for a loan or quotes…..

2 Thoughts on Loan good or bad on credit?
  1. Reply
    Mariah
    February 3, 2014 at 4:02 am

    Many lenders, banks in particular, deal in any sort of secured loan other than second mortgages. Other institutions deal almost exclusively in secured loans. Finance companies that deal in secured loans can be found in your phone book, newspaper, and increasingly, online.Shopand can get a good idea of what each can offer you in terms of interest and other finance charges and fees. Choose the best one for your needs, and apply for the loan.

  2. Reply
    Ceebee
    February 3, 2014 at 4:44 am

    It will look good on your credit! Congratulations on getting it paid off.

    Don’t worry too much about your credit score. Worry about your bottom line: how much you pay in interest.

    Paying back loans quickly will improve your credit score and help your bottom line. Staying out of debt is the best way to live.

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