I really want to get out of my current car. I want to sell it and get another car. My current loan is only 2 years old. If I sell this car, pay off the loan and get another loan for the new car I want to get, how would this affect my credit score ? Theoretically, I am jumping from one installment loan into another....but the this new one would have a higher balance though (about 10K more than my previous loan). Any insight is greatly appreciated. Thanks N
