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  1. I figured you were, thanks Marv..I think I will go ahead and do that. It does make sense to me and hope it works out..again I appreciate it and hope.you enjoying the weekend.
  2. I apologize Marv, I guess in a nutshell I am asking if lower DTI is more favorable than the ding on my report for a new account, keep in mind that the other two installment loans would be paid off and closed.
  3. Sorry..I dont have BK on my report. I was just wondering if it could hurt me for my auto loan application in April if I take on a new loan with a lower payment, lower APR to pay off two existing loans with higher APR and substantial higher monthly payment
  4. I have one installment loan with a payoff amount of $2000 and the other one with $2300. My car will be paid off in April, it was my highest with 29k. The two personal loans have been open for 3 and for four years, high amounts added together in the beginning was around 11k. If I consolidate those in the new loan it would bring my DTI down.
  5. Good afternoon all, I was hoping for some advice in regards to the most beneficial way to go about this. I am offered a personal loan by AMEX with a 8% APR interest rate. I currently have two other personal loans with a much higher interest rates which would be paid off by October of this year if I leave it as it is, or pay them off early through my tax refund. I am looking at purchasing a new vehicle in May of this year and my utilization on my CC is right around 35%, if I take the AMEX loan, or my tax refund it would bump my UTI. to around 22% and would also actually help my D
  6. your Age? 43 Your Equifax Credit Score? FICO 8...718 Your Experian Credit Score? FICO 8....713 Your TransUnion Credit Score? FICO 8....715 How many years have you been on file with Equifax? 18 How many years have you been on file with Experian? 18 How many years have you been on file with TransUnion? 18 YOUR PREVIOUS AUTOMOTIVE CREDIT HISTORY Do you have an open auto loan? NO Will this open auto loan be a trade-in? Yes ( Car is paid off, Blue Book is between 9k to 11k, hope to get maybe 4k???) How many late pays within the last 12 months on the currently open loan? ZERO How many lat
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