- Jun 15, 2001
- 34,149
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Hey.
I took out a $1500 loan in July in order to buy a car and build my credit. This loan gives me four lines of credit. Before the loan, my credit rating was 798.
The first payment was made on August 1st, 2004. The sixth monthly payment is coming up, and I was wondering if now would be the time to pay it off. I have $911 left on it. I'm trying to maximize my credit rating here. Losing small amounts on interest isn't that important to me.
What should I do to maximize my credit?
I took out a $1500 loan in July in order to buy a car and build my credit. This loan gives me four lines of credit. Before the loan, my credit rating was 798.
The first payment was made on August 1st, 2004. The sixth monthly payment is coming up, and I was wondering if now would be the time to pay it off. I have $911 left on it. I'm trying to maximize my credit rating here. Losing small amounts on interest isn't that important to me.
What should I do to maximize my credit?