balance of loans too high?

balance of loans too high?
Jazmin M asked 4 years ago

Consistently on my scores, one of the negative factors listed is that the balance on my loans is too high. My car loan has been paid off for years and shows a zero balance, I’m not sure if that even counts. We do have a small $ 3k loan from our bank two years ago, which we now only owe 3 more payments on. I don’t understand how that translates to a ‘high balance’.


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Dan Willis replied 4 years ago

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