So I am looking to purchase a new car.
I used to have an 800+ score, but it seemed to have dipped lately for some unknown reason, maybe a credit card that I applied for back in June 2012 that I decided not to get.
Anyway, I'm currently at 793 with both Ex and Eq. Looking to take out about 50k on an 80k car, I probably can put even more down in fact the whole cash payment, but cannot turn down this great financing of 1.9% from Audi.
I still have student loans, ~$37k, which I am accelerating payments for...My previous autoloan, about 10 years ago, was for $17k and I paid that off in two years...No mortgage...I am wondering if the debt ratio might be a problem...Any thoughts as to what issues that might be?
