Re: Almost ready for a new auto loan?
01-13-2013 05:49 PM
Lastly, if you don't mind the higher payment with financing, you could give it a try now after you minimize your debt. Later on, you could always refinance the lower principal in 3 years if you happen to need some of your money back for an apartment, condo, whatever.
Thank you for all the replies. I'll try next month after I check my scores. I tried the FICO score simulator and the simulator showed I should be anywhere from 680~720. I don't know how accurate the simulator is but once my FICO score is updated next month, I'll give it a shot.
Starting Score: 660
Current Score: 691
Goal Score: 850
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