Without unnecessary details, I am taking a low rate cash loan to pay off high rate credit cards ($20k). I also need to turn in my vehicle lease and secure a new one. Both of these need to happen within a few weeks. Which should I do first?
Experian is 680 Auto Fico is 730
I want the best rate for the car but already have a secured rate for the cash loan. I'm worried that if I take the loan now, I won't qualify for the l best lease rates. If I get the car first I'm worried about being denied the loan or increasing my rate.
By doing both if these I will be losing my monthly payments by $400, so it is a good financial decisions to move forward with.