Hi guys! I am planning to finally buy a new (used) car this year, after driving the same car I've had since high school for over a decade.
I have credit card debt, not crippling but significant, and have been steadily working to pay it down and improve my credit score. But I also have been saving for a down payment. Obviously, I could accelerate my savings if I pay less on the cards, OR accelerate improving my credit if I save less.
In buying a car, what is more important? Strong credit or a large down payment? I can manage mediocre credit and a mediocre down payment at the rate I'm paying/saving now, but want to know if I should prioritize one over the other.
Submitted January 04, 2019 at 10:17AM by olixand3r http://bit.ly/2SBruvX
