@Ivxnc wrote:I haven't thought about that. If I can get approved for one it would bring my DTI to around 41% without the car loan, and 44-45% Which looks a lot better than 53%. My credit score would drop a little bit, but overall I think it would be more beneficial in the long run. I'll definitely research into it, it could help me.
@Ivxnc Lets go back couple of steps! What is your total CC debt? As it was suggested, if you can get a personal loan from CU/Bank you can bring your CC utilization to single digit which can bring your score up significantly.
