About to purchase- Finance questions
Hey all, I have a downpayment on a new travel trailer and just sold my pop up last night. Thursday I will go to sign papers. They were touting 4.99% finance rates until I got the deal. Then it ju...
Forum Discussion
APT wrote:
Your credit rating may have taken a hit because you purchased that car two months ago, esp if you have any loan on that.
My credit union is offering 4.74% interest rate for your amount/length. The lowest rates they have at 4.49% with at least $15k financed.
If you plan to pay to off in say 2-yr anyway, I would not worry too much about the interest rate.
I am sure it did + the addition of the new loan. However, the old loan should have been paid off should would bump the score to offset the inquiry I would think. My truck will be paid off in 2 more months which should give it a nice bump as well.
