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Can Too Many Installment Loans Hurt Your Credit? [Solved]

Installment loans will not negatively affect your score as long as you are paying on time. That’s because when you first get a loan, credit agencies understand that the loan balance will be relatively high during the beginning of its lifetime. Because of this, they forgive of large loan balances.24 Apr 2017

Why Does Your Credit Score Drop When You Pay Off A Loan/Installment Account?

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Do Installment Loans Hurt Your Credit? Find Out How to Avoid These Problems

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