Lease closing and opening a new one

[elbori357]

Good morning to all,

I am in the process of 2 lease turn-in and opening 2 more. My new leases will be for a lesser amount of my current ones. How will the process affect my credit scores.

This is what I currently have:

Loans Balance As Of

	MB FIN SVCS	$28,391	Jan 31
	CHRYSLERCAP	$11,646	Dec 31

[Creditaddict]

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@elbori357 wrote:

Good morning to all,

I am in the process of 2 lease turn-in and opening 2 more. My new leases will be for a lesser amount of my current ones. How will the process affect my credit scores.

This is what I currently have:

Loans Balance As Of

	MB FIN SVCS	$28,391	Jan 31
	CHRYSLERCAP	$11,646	Dec 31

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shouldn't be to big of a deal... these will close out to $0 and good payment and you will open a new account which will effect your average age of account but that's about it.

[Remember0]

+1. No big deal, don't worry about it.

Now to the more exciting (and slightly irrelevant question), what cars are you thinking of getting?!

[elbori357]

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@Remember0 wrote:

+1. No big deal, don't worry about it.

Now to the more exciting (and slightly irrelevant question), what cars are you thinking of getting?!

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lol   I'm turning in my 2012 cls 63 and the 2012 jeep grand cherokee and getting the 2014 Lexus GS 350 F Sport and the Lexus RX 350 F sport.

I need to lower my car payments as I am closing on our dream house on Thursday if all goes well. I'm lowering my car payments from 1600 a month to 850 a month. Looking forward to close on the house so I can same day apply for the NFCU Sig visa and navcheck. Can't do anything until after closing on the house. Hopefully I get approve for the credit card. How long will I take for the mortgage to show on credit if I get to close on Thursday?

[Creditaddict]

hope you get a lexus visa with those 2 new gorgeous cars!!! Seriously it's a great card.

navy is fab too