Quote:
Originally Posted by sl0m0
I'm probably gonna finance 20k or so just to pay it off in 3-6 months just to boost my credit.
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It'll stay in your credit history, but won't boost your credit if you pay it off in 3-6 months. In fact, if you don't have any other loans, it'll drop your credit score when you do.
This isn't necessarily a bad thing as you'll be eliminating debt and I'm assuming it'll only drop by 20-30 pts.