Tips and Deals › Forums › Consumer Credit › Improve credit › will a car loan lower or raise my score?Tagged: loanThis topic contains 0 replies, has 1 voice, and was last updated by dealpal 6 years, 11 months ago. Author Posts July 4, 2012 at 1:53 pm #254074 dealpalKeymasterI just got a car loan and assumed it will raise my score becauuse it’s the first installment loan on my history. I only have 600 in debt now. Do you think it will raise it? Author PostsYou must be logged in to reply to this topic.