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Purchasing new or used cars, getting car loans, down payments for cars, refinancing car loans, and car insurance.

1 vote

When building credit in preparation to buy a house, should I buy a car or not?

If you don't need to own a car for other reasons (i.e. if you are perfectly fine using Lyft and public transport), a new car loan should have just as much effect on your credit score as, say, opening a … There may be better ways to increase your credit score that others know about, but I don't think getting a car loan when you don't need a car is the best one. …
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