This recent offer has enabled me to transfer almost my entire car loan(the totaled one) to this credit card and slash the interest rate on the loan by more than half. If I took five years to pay the balance in full I would still save 100 dollars. And now for the question: I have 6 open credit cards, no lates, nocharge offs, no collections, leins or anything derogatory. I have a lot of inquires, most from when I was first getting credit and will be deleted by August. Speigel 0/1750 (i don't use and am closing) Target 0/300 (i use way to much and am closing) Sears 525/720 (i intend to get the limit lowered to 500 for tires and car ers) Universal 3500/3510 (i'm gonna keep and keep paying i hope to have this at about 3100 when i go for the loan FCNB 150/2000 (keeping, pay in full each month) NextCard 2000/2100 (keeping and paying) i hope to have this at 1900 when i go for the loan Other bills consist of 160 for the next 3 months on my car loan I kep this much so I would have a loan over 2 years on my report. 40 for my cell phone and 22 for aol and yes i know aol sux I pay no rent or anything of that sort. So how will all this look to a bank when I goto get a new car loan? My mins are under 175$ and I make 760 a month after taxes, I want about a 14000$ car financed for 5 years. Although I know they won't figure this into wether or not I qaulify but my ins is a whopping 180$ a month. I've had my job 6 years, is this a fessible option for me to get a new car or newer used of this cost or should I just buy an old beater until I turn 22 and my ins takes a major drop because I am not on risk anymore?