05-02-2012 04:56 PM
So I'm looking for anyone with experience having two (or more) concurrent auto loans. I'm really just trying to get a feel if this is common, not a big deal, or if banks/lenders don't like to do it. Does anyone know how the guidelines for approval differ? I just don't want to get my hopes up and then find out it's going to be impossible for me, and waste time at the dealer. I have good scores, positive auto history (almost 2 years), but short overall credit history.
I'm looking at college graduate programs that most dealerships seem to offer, so if anyone has any experience with those programs specifically, I appreciate anyone sharing their experience...

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.
>> About myFICO


