Two loans

[GatorGuy]

I have been approved for a loan from USAA for $80k and am now trying to decide when would be the best time credit wise to apply for a second loan? Should I do it within the month or wait a couple months? I think the second loan would probably be for $50k so it would be less.

[sccredit]

Before the first one reports, definitely not through the same company

[ds3]

I waited 2 months to get a $48k loan after getting one for $32k...the first one had already reported. Both loans are through VW Credit, and I actually got a better rate on the second, higher loan as a loyalty discount.

If using different banks, then sooner is better, before the first one posts.