My situation is this: I make 36k/year I have 50k in student loans I have 15k in credit card debt my credit score is 695-705 currently. my fiance needs to buy a car and he has poor credit (550...working on settling old debt collections) I have been approved for a 20k auto loan with him as a co-applicant and am considering going forward with it. my main concern is how much this would effect my debt-income ratio and my subsequent credit score. I don't want to compromise my chances of getting approved for my own auto loan in the future. We also are definitely thinking about a home loan in the near future. With us not knowing exactly how long it will take for his score to come up and be useful (both with his actions and score reporting), I just don't know if it's worth it to possibly risk my score at this point. Does anyone have input on this issue? We want to have some kind of asset (a nicer, resalable vehicle) but should we just pay cash for a much "worse" vehicle? Thank you again!