Having a car loan on your credit score can help in some circumstances. It really depends on what type of help you are talking about. If you're wondering if having an open credit loan on your report raises your score, then that would depend on how far along you are in the repayment of the loan.
If you have just got a car financed, then your credit report is going to show two numbers that a loan officer will be looking at. The first number is the original amount financed, which is called the high credit limit and the second number that they will be looking at is the amount owed.
For example, if the amount of your auto loan was originally $15,000 and is now showing a balance owed of $7500 and you have had no late payments, then the ratio of your high credit limit to your amount of debt will be 50%. This can be very favorable.
In general, having a car loan does improve your credit history in contrast to never having had any sizable amount of debt that you have repaid. Even past car loans that have been paid off as a result of trading in a car, can be very favorable. Having it listed on your credit report that you once owed $15,000 on a car loan and that that loan is now paid in full, regardless of whether or not it was from a trade-in that you did have a car dealership or if you actually made all the payments and pay the complete loan off, has no relevance.
So, generally speaking, a car loan can help your credit score although, the factors listed above are taken into consideration by a loan officer.
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