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Yay....I Now Officially Have "Good" Credit

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smallfry
Senior Contributor

Re: Yay....I Now Officially Have "Good" Credit

Buy the house before the car.
Message 11 of 12
Anonymous
Not applicable

Re: Yay....I Now Officially Have "Good" Credit



AnalyticalMind84 wrote:
I have a feeling that someone that can pay off $10k in 2 months won't have a big problem with a $10k car loan

My question was why should OP incur more debt? If OP can pay off $10k in 2 months, he can save $15k in 3 months and buy the car for cash.  And please don't someone argue that he needs an auto loan to have an installment loan in the credit type mix...
 
Like I said, just my OT $.02.
Message 12 of 12
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