I am 18 years old and i am financing a car for 24 months i have no credit ?

Question

if i make all payments on time, what will my credit score look like in 2 years? will it only rise a little or what?

Answer 1

Let's see. You say you are at zero today. Then you plan to do something positive. My guess is that it will rise.

Answer 2

Considering credit scores are 90% based on the last 24-months of activity if you make all 24 payments on time and whoever your borrowing the money from reports to the credit bureaus your score should be in the mid 600 range.