Hello,
I have an auto loan that will be paid off on10/22. I plan on leasing an auto before it's fully paid off, specifically because it's my only installment loan I have and if I wait till after it's paid off my score will most likely drop due to not having the installment loan with a balance.
I will have the balance below 8.9% so that can possibly raise my score. I plan on goiong through Hyundai Financing. What Credit bureau and Score do they use? I heard EQ Auto Score 8. I'm sitting at 735 right now. Is this good enough for top interest rate? It should only improve over the next 6 months. Live in CT
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All day and no replies. Anyone, please?
with 735 you should be able to obtain top tier rates. Pending DTI and everything else is good of course, which I assume it will be pretty good with the auto 9 months from payoff. Just curious which car you looking to lease ?
2022 Hyundai Tucson Hybrid. DTI 28%, which inclues the active auto loan
nice! Hybrids seem to be really catching on more it seems.Best of luck with the purchase, let us know how it goes!
Will do! Thanks for the info