How long does a car loan stay on my credit report?
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I’m about to pay off my car. I’m paying it off way ahead of schedule. The original loan was for 5 years, but I paid it off in 18 months. I know that this behavior will positively affect my credit, and my question is this: How long will potential lenders be able to see what I did with my car loan?
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Sharon T said:
7 years
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0February 5th, 2010 at 2:58 pm -
redhairedmama75 said:
As far as I know positive information remains on your credit file forever.
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0February 5th, 2010 at 2:58 pm -
Chelsea said:
They will always be able to see it. Only bad things are erased in 7 years.
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0February 5th, 2010 at 2:58 pm