Anything new account will ding your credit a little plus they'll look at the percent of the loan paid off.
Let's say you take up their 18k loan offer. At least at first you'll have a very high utilization on that product.
However its not the same impact as having a maxed out credit card which could hold your score down 50 points. Something like this might hold you down 20 points.
Also you'll get a lot of offers and some are better than others. Some allow for a 30 year repayment period so you can keep the monthly payment low. Send me an email if you want a list of some of the best that I've seen hit my mailbox.
Official travel point totals as of 10/21/24 (1,358,177 Total Points)
Chase Ultimate Rewards 696,884 | IHG One Rewards 144,957 | Hilton Honors 144,521 | AMEX Membership Rewards 102,729 | World of Hyatt 76,095 | Marriott Bonvoy 65,343 | Citi Thank You 38,153 | Choice Rewards 32,460 | United MileagePlus 13,316 | British Airways Avios 12,333 | Jet Blue TrueBlue 11,780 | Wells Fargo Rewards 2,858 | Southwest Rapid Rewards 2,447 | NASA Platinum Rewards 1,883 | AA Advantage 1,744 | Navy Federal Rewards 1,087 | Delta Sky Miles 175 | Virgin Atlantic Virgin Points 100 | Lowes Business Rewards 7,102 ($71.02) | Amazon Rewards 2,200 ($4.75) | Discover CB 10 ($0.10)
