With high auto enhanced credit scores, can I get two auto loans with two major banks? My current scores are 713 plus but I do have a high to debt income but excellent income.
It can be done for sure. A high income will help and hopefully you have a good credit history.You probably want to get financing locked down before shopping. Once a dealer knows you already have financing they will often try to beat your rate.
I have two notes on two brand new Infinitis, no problem, instant approvals, etc. I think it gets a little dicey if your DTI is over 36% however (just factoring in mortgage/rent and the two car payments).
