Prac wrote:
Thanks for the quick reply.
Another question my cosigner is in the military and suggested using PenFed for their competitive rates. I am planning to buy a car this summer. Should I sign up right away or can I just wait till I'm ready to buy a car? I don't have any hard inq so I don't know how much that will come in affect with a cosigner.
That's great advice. Any good history with a CU can only help you. With your scores I'm sure you could secure a credit card or maybe even a personal loan that you can pay back quickly in order to establish a quick history to fall back on when it comes time to apply for an auto loan. Credit Unions are not governed by the same set of rules and standards that a bank are. They have much more leeway.
