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Pay off the car now or later?
We have a $2,700 balance left to pay off on a car loan. A year ago we filed ba
ankruptcy (7). Should I pay off the car balance now (have plenty in savings)
, or should I still keep making payments, since timely installment loan payments
help credit scores? Is 6 more months of installment payments really going to he
lp our credit that much?

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Pay off the car now or later?

  • 1. Pay off the car now or later? We have a $2,700 balance left to pay off on a car loan. A year ago we filed ba ankruptcy (7). Should I pay off the car balance now (have plenty in savings) , or should I still keep making payments, since timely installment loan payments help credit scores? Is 6 more months of installment payments really going to he lp our credit that much?