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
Vulcan Rider wrote:RoyBell wrote:
It's BS.
Well you claim to know pretty much everything already so I continue to wonder why you asked for advice in the first place.
Except you don't know what you don't know.
It's not BS.
A huge part of your credit score is:
How much total "revolving" credit you have and what percentage of that remains unused. Closing a card or cards reduces your available credit and hurts your score....eventually. All of this stuff takes time to sift down through all of the filters.
Correct, the OP "knows" a number of things that are just plain incorrect.
