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re: Credit Score Questions - Future home and car purchase

Posted on 8/11/16 at 11:47 am to
Posted by cfa626
Member since Apr 2016
561 posts
Posted on 8/11/16 at 11:47 am to
quote:

It's not the credit impact that you should be worried about....it's the debt to income ratio


Exactly. I bought a new car 6 months before I bought a house. I HAD to have a car, but it did end up impacting my debt to income, and I didn't get the exact house I wanted.
I am wanting to move closer to work, but waiting until my car is paid off to do so.
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