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  1. Yes. At about the same time I will be purchasing a home. I'm not familiar with credit scores and what affects them enough to determine if one or the other would hurt or help my credit score.
  2. I am moving to a state that will require me to purchase a 4wd vehicle. I currently have a vehicle financed, in good standing. Next month I will have the funds to either: 1) Payoff my current car and finance the 4wd vehicle or.... 2) Pay cash for the 4wd Vehicle I heard the longer I pay on time on an installment loan the better. Would starting a new loan be less beneficial than just continuing the original?
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