A personal loan balance is reported as installment debt, which is treated differently in credit scoring formulas than revolving debt such as credit cards. (nerdwallet.com)
Despite the secrecy of credit scoring formulas, you can look at a credit report and logically determine what is dragging down or boosting up your score. (superiorcreditrepaironline.com)
Like cats, credit scoring formulas don't particularly care what you think. (asklizweston.com)