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Car Finance

lewismum
Posts: 32 Forumite
Hi,
I have just recently paid off my last payment of car finance,does this improve my credit score as its now fully repaid and having never missed a payment? I was sure i heard it does as it will say settled on my credit file.My friend says this is not the case.
Thanks
Janette
I have just recently paid off my last payment of car finance,does this improve my credit score as its now fully repaid and having never missed a payment? I was sure i heard it does as it will say settled on my credit file.My friend says this is not the case.
Thanks
Janette
0
Comments
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It doesn't matter whether it does or not.
A lender will view your credit files and draw their own conclusions bout your credit worthiness.0
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