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Trading one auto loan and getting another
I currently owe just under 30,000 on a truck, if I sell it for what I owe, and finance another vehicle for about 20,000, how would this effect my credit? My reason for asking is I'm trying to get approved for a home construction loan, and I'm wondering what will look better, a good credit score (700-750 currently), or a lesser debt to income ratio?

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