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SVTPerformance's Chain of Restaurants
Road Side Pub
Pay off the car or put a dent in student loan?
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<blockquote data-quote="El_Joker" data-source="post: 16130113" data-attributes="member: 163428"><p>From what I have seen it is very individual based. An example is comparing someone without much established credit to someone with 25 years; likely two different scenarios.</p><p></p><p>When I paid my first auto loan off I did it with about 10 months left and had no impact. If I paid a loan off with much more than 40% time left, I would expect a utilization hit in my situation.</p></blockquote><p></p>
[QUOTE="El_Joker, post: 16130113, member: 163428"] From what I have seen it is very individual based. An example is comparing someone without much established credit to someone with 25 years; likely two different scenarios. When I paid my first auto loan off I did it with about 10 months left and had no impact. If I paid a loan off with much more than 40% time left, I would expect a utilization hit in my situation. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Pay off the car or put a dent in student loan?
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