Feb 5 2010

How long does a car loan stay on my credit report?

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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3 Comments on this post

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  1. Sharon T said:

    7 years

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    February 5th, 2010 at 2:58 pm
  2. redhairedmama75 said:

    As far as I know positive information remains on your credit file forever.

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    February 5th, 2010 at 2:58 pm
  3. Chelsea said:

    They will always be able to see it. Only bad things are erased in 7 years.

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    February 5th, 2010 at 2:58 pm

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