Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
Re: Buying vs Leasing Car make any difference to credit score?

I really don't think it will make a difference.  It would still show as an installment loan.  You would take the hit for your AAoA and Inquiries.  But that will will be aged plenty by the time you app for mortgage.  Just keep an eye on your DTI.


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

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Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!