Now that my scores are getting better (and hopefully will be getting even better in the next month since I've paid all of my delinquencies). I'm ready to buy myself a new car.
Question is, right now I've go one car loan at 18.8% (yowch, got that sucker back when I was around 500fico) that I want to refinance with my credit union. But I also want to get a new loan (for a used car)... does it matter which I do first? will one negatively impact my score more than the other thus hurting my chance for a good rate on whichever I do second?
That makes sense, I'm wondering though if there will be a month or so where the new refi loan shows up but the original loan doesn't show a zero balance yet, so it will look as if I'm trying to acquire 3 loans?