Trailers, Trucks and Toy's Oh My...
Greetings Everyone! My wife and I have been saving money for a couple of years and we are looking at replacing our Truck and looking at purchasing a toy hauler with a 4 seat side by side. I've...
Forum Discussion
Your credit score (debt score as Dave Ramsey calls it) will take a hit with multiple loans.
I just finished building my house and didn’t want to deal with the hassle of a construction loan. Over the course of a year I borrowed against the paid off land, took a personal line of credit and used 4 credit cards totaling about $150k. The rest was savings and working lots of OT for a total of Just over $400k.
I just bought a new Class C last week and my score dropped almost 200 points and added 2% to my RV loan.
I’m paying a lot of interest but I’m going to get a first mortgage around 4% and pay everything off.
I just finished building my house and didn’t want to deal with the hassle of a construction loan. Over the course of a year I borrowed against the paid off land, took a personal line of credit and used 4 credit cards totaling about $150k. The rest was savings and working lots of OT for a total of Just over $400k.
I just bought a new Class C last week and my score dropped almost 200 points and added 2% to my RV loan.
I’m paying a lot of interest but I’m going to get a first mortgage around 4% and pay everything off.
