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Posted in Auto Loans
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Carbuyer2015

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Is it better to get a car loan or to get a personal loan at the bank and pay for the car cash?
I am looking at getting two cars. I can either get two car loans with individual finance companies or get one loan from a bank for both cars. I need to know which would benefit my and my wife credit report better.

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This is a situation where you should go with whomever offers a better rate. Both will have a positive impact on your credit if you maintain positive payment history.

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