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Two auto loans

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Anonymous
Not applicable

Two auto loans

I currently have a payment of $460 per month from a $35k jeep wrangler. 2 years after I had my first baby and need two cars, one for me (basic small) and one for my wife. Now the one for my wife is 20k an mine is 10k wich totals 30k, now is it posible to get two loans at once? I got good credit, since my third brand new car was actually more than this two used cars I'm trying to buy. According to my calculator I will actually pay less monthly for two old cars than what I'm paying right now.
Message 1 of 3
2 REPLIES 2
Anonymous
Not applicable

Re: Two auto loans

It depends if your credit and income support it.  At one point I had two active auto loans and one motorcycle loan.

Message 2 of 3
sccredit
Valued Contributor

Re: Two auto loans


@Anonymous wrote:

It depends if your credit and income support it.  At one point I had two active auto loans and one motorcycle loan.


Agreed.  At one point I had 2 auto loans in my name and one PG'd business loan that reported.  All depends on your file and income.

Message 3 of 3
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