DH is finishing up school and all our extra money right now is earmarked to pay the rest of that bill (there was an unexpected 3K added on at the end for a special course that we thought was included in the 'total' amount we've been paying off up until now). So we have a decent amount in savings, but in a couple weeks it's all going to be gone (not for long, though, we will have 1 -1.5K back in it within a month).
The possible complication is that I was just approved for a loan to buy a car, but we are not going to actually get the car until the 1st weekend in April (within the 60 day period the approval is good for, in case that threw a flag for anyone!) so between the approval & the closing, our savings is going to go from pretty decent to zero. Could that effect the loan? If so, I am sure we could borrow the money briefly from DH & my parents, but I would prefer not to if it won't make any difference. If it matters, I have excellent credit (over 8).
And FTR, I am sure some will suggest passing on the car, but we are in desperate need of a reliable car, and this is a purchase from someone we know so I know its condition and we are getting a great deal on it.
The possible complication is that I was just approved for a loan to buy a car, but we are not going to actually get the car until the 1st weekend in April (within the 60 day period the approval is good for, in case that threw a flag for anyone!) so between the approval & the closing, our savings is going to go from pretty decent to zero. Could that effect the loan? If so, I am sure we could borrow the money briefly from DH & my parents, but I would prefer not to if it won't make any difference. If it matters, I have excellent credit (over 8).
And FTR, I am sure some will suggest passing on the car, but we are in desperate need of a reliable car, and this is a purchase from someone we know so I know its condition and we are getting a great deal on it.
