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Having carried a loan and paid it off is a good thing when it comes to building credit. But having a credit card and keeping it in good standing is positive, not a negative, so it does help. And yeah, any kind of liability shows up. You'd be surprised at the things that show up on a credit report. I had accounts that I thought were closed for years... they were inactive, but not closed. Not too bad, but it's a negative when you're financing a house, because they look at available credit versus income along with your debt to income ratio.
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