About to buy a car. Used car. Apply for loan.
Credit score is 703.
Mortgage + 2 student loans on there. No derogatory marks. No credit card.
Would opening up a credit card & not using it increase my credit score & ultimately give me a lower interest rate on the car loan? If it does, how long until it raises the score?
Would paying off one of the student loans ($611) increase the credit score at all? Or does having the student loan on there increase it anyway?
Any help is appreciated thanks !
Submitted January 28, 2020 at 07:29PM by AXXXXXXXXA https://ift.tt/2GA8s4A
