Maybe I need to explain my concern better, even after I pay off this semi big loan of $8500 I will still struggle to get credit. Why, not because my credit score, which is good but for other reasons. Because my debt to income ratio will be too large cause of student loans. I student loans will come to $417.53 when they all start to kick in and I can't do any longer loans or any different interest rates. monthly income 2000. So, I might as well declare bankruptcy and get working on the student loans. I have tow large student loans which will total about 271 when they kick in. But I have 3 small loans, that I could get rid of to rebuild my credit. they total about 126 a month, they total about 9000 total, but they will rebuild my credit. Let's say my car was to die, then i would need a new one and even with good credit they will nail me with interest by saying high debt to income ratio.
