Regular Contributor
ChuckG
Posts: 156
Registered: ‎02-21-2008
Refi first or new loan first?
Now that my scores are getting better (and hopefully will be getting even better in the next month since I've paid all of my delinquencies). I'm ready to buy myself a new car.

Question is, right now I've go one car loan at 18.8% (yowch, got that sucker back when I was around 500fico) that I want to refinance with my credit union. But I also want to get a new loan (for a used car)... does it matter which I do first? will one negatively impact my score more than the other thus hurting my chance for a good rate on whichever I do second?

Starting Score: 556
Current Score: 672, 681, 692
Goal Score: 700, 700, 700


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