When building credit in preparation to buy a house, should I buy a car or not? - KamilTaylan.blog
19 June 2022 20:57

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

It can lower your credit score But when you first make the purchase, since there is no payment history associated with the loan yet, you’ll likely see a drop in your score. That’s why if you’re looking to purchase a new home soon, you should hold off on buying a vehicle as it could temporarily hurt your credit score.