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ShankThatSnitch t1_jeescvd wrote

Do you NEED it right now, or can you wait like 10 months and just pay cash, and Dave yourself a boatload on interest?

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Silent-Speech-232 t1_jeetbkh wrote

I don’t need it no I have 2 cars already and a motorcycle. I was more the less gonna use it to help my credit

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ShankThatSnitch t1_jeeu03k wrote

That is an extremely stupid idea. Get a credit card and use it for your expenses. Then pay it off in full every month, on time. That will build your credit without wasting $7-8k on interest payments.

Don't over emphasize your credit score, as it will naturally go up over time with consistent on time payments. Your score only matters when trying to make a big purchase like a house or car. And so you are doing this backwards.gwt your score up before you use it for a loan on a car, don't use the car to up your score.

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Cjkust t1_jeexk0m wrote

Get a low limit credit card and use it and pay it off each month, there is ZERO reason to take this car loan.

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OkMarsupial t1_jegsosd wrote

Lol sounds like you have no clue how to improve your credit. Step one is NOT "take on bad loans."

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