No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
Hi all!
Im considering buying a new car but also want to get the CSP. Should I apply for the CSP before applying for the car loan?
My logic is that credit card companies are more sensative to inquiries vs auto loan lenders.
What do you guys/gals think?
** Sorry mods, this is also posted in the Auto section.
** Posted it here as well since this side has more eyes than the auto section and it does apply to credit cards as well...
since just 1 credit card, that before car.
Thanks for all your responses.
I have a few inquries on my report (rather not say how many since its frowned upon, lol) but was recently approved for a virgin america cc with a $10k limit.
My highest limit so far is $25k.
I will be applying for the CC then since that seems to be the better route! Thanks again!
Card first, definately!
Make sure you are going to use a good score on the car loan as most will be guaranteed for a month if you go through a CU or bank.
The card first, don't wait until it reports to go get that Car Loan though
Card card card card card!!! Good luck with your approved CL!
Thanks for all the replies...
Before going ahead and applying for the card, I contacted the dealership and went over my scenario and payments I was comfortable with. Unfortunately, I dont think he can make it happen. Currently trading in a car and they are asking for $5k down to get the payments low enough for me to even want the car. Sooooo..... I guess ill be holding off on buying a new car and applyIing for a credit card.
just curious, have you posted in the Car Loan section of the forum?
@Bsong wrote:Thanks for all your responses.
I have a few inquries on my report (rather not say how many since its frowned upon, lol) but was recently approved for a virgin america cc with a $10k limit.
My highest limit so far is $25k.
I will be applying for the CC then since that seems to be the better route! Thanks again!
May want to hold off on apping the CSP then.. Chase doesn't like new accounts or a lot of inquiries showing.. As always YMMV though.