I'm hoping to buy a car next month. My current util is about 34%. However, I made a payment that is taking FOREVER to be reported. I suspect it won't until the next statement cuts on the 6th. Once that posts, my util will be less than 10%.
Is it better for me to wait to secure auto loan financing until after the new card balance posts or now? My FICO 8 scores are 750+ across all 3. I'm not due for another quarter report until July so I'm not sure if my auto-enhanced scores have changed.
It's my first auto loan so I doubt I'd qualify for 1.9 or 0.9. I'm buying a Honda if that makes a difference. I just want to have all my ducks in a row so I don't make a mistake. Thanks all!
