2006-07-19 10:00:51 · 9 answers · asked by Anonymous in Business & Finance ➔ Credit
Initially your score might lower slightly because you have just taken on more debt for the same income and may have gotten a few inquiries. If your income level is pretty good that shouldnt matter too much. As time goes by and you make EVERY payment on time little by little your score will go up as you show a good history.
2006-07-19 11:40:11 · answer #1 · answered by Gazoo 2 · 0⤊ 0⤋
1
2016-09-26 06:28:29 · answer #2 · answered by Dante 3 · 0⤊ 0⤋
Depending on your current credit score, a used or new car loan, with a good payment record could improve your credit score immensely. If your credit is a little shabby and can wait a little while for your car, try a $500- 30 day CD, cost you about $6 to do and that in itself will help your credit 50-100 points.
2006-07-19 10:05:30 · answer #3 · answered by ausbrett 1 · 0⤊ 0⤋
YES IF you make payments regularly.. For tips and if you like.....call the consumer credit counseling company. THEY are the best in helping anyone get out of debt. good luck.
2006-07-19 10:11:09 · answer #4 · answered by Anonymous · 0⤊ 0⤋
some will, but mostly no because you loans might have limits which reflects to your credit scores.
2006-07-19 10:03:26 · answer #5 · answered by Justinfire 4 · 0⤊ 0⤋
It depends on the size of the loan.
2006-07-19 10:03:49 · answer #6 · answered by Toddacanda 5 · 0⤊ 0⤋
yes get better scoring
2006-07-19 10:15:07 · answer #7 · answered by Anonymous · 0⤊ 0⤋
if you make the payments on time yes
2006-07-19 10:03:58 · answer #8 · answered by Anonymous · 0⤊ 0⤋
i hope so
2006-07-19 10:13:48 · answer #9 · answered by Abi 3 · 0⤊ 0⤋