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Amommyy
Amommyy
Мама двоих (1 год, 7 лет)

Is it true that when you buy a car your score lowers?

Is it true that when you buy a car your score lowers?

5

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mommy2.10

AmommyyМама двоих (1 год, 7 лет)

My bf has 2 car loans and wants to get another loan .. so I’m assuming his score is going to drop a lot

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justgotaname

Justgotaname Мама двоих (7 лет, 11 лет)

If you get a loan. 😊 Because you now have a lot more debt. But make all your payments on time and it raises back up because it shows you were trustworthy and able to make those payments! 😊

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mommy2.10

AmommyyМама двоих (1 год, 7 лет)

Does it goes up until your done with the loan?

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mommakaylax3

Kayla Мама троих детей

@mommy2.10, no within 6 months usually your credit starts raising back up

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mommy2asher

Kristin chambersМама сына-младенца

Yes

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