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Old Nov 26, 2022 | 8:12 am
  #8  
Dr_wanderlust
 
Join Date: Oct 2006
Location: USA
Programs: DL PM, Hyatt Globalist
Posts: 2,369
Just to agree with others and point out that installment loans in general don't contribute a lot to FICO scores. I have not had an open installment loan for years and my FICO scores are over 800. Some people swear by the "installment loan hack" but IMHO I would never pay interest just for a few FICO points.
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