Can I have more than one car loan?

Answered by Car Loans Expert Johnny on December 23, 2020

I'm considering buying a second car, but I'll need another loan to get it. Is it possible to have more than one car loan?

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Car Loans Expert

It is possible to have two car loans at the same time. It is even possible to get those loans at the same time, though this usually requires an above-average credit score to get a decent interest rate.

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