*Loan,banking and credit>>>auto loan

Auto loan questions?

I am 20 years old and I have a score of 678 on transunion, 672 on experian, and 622 on equifax (im not sure why equifax is so low because all my reports are identical??) I have a good amount of credit for someone my age because I have had multiple credit cards with no late payments and low balances since i was 18 and have already bought and paid one car loan in full with no late payments.

I currently have a car loan now and need a second car for my fiancee. I owe for nothing but this one car, how difficult would it be for me to finance a second vehicle? I make nearly 2700 a month and the car payment i have currently is 398 a month.

Thanks for the help in advance!

First of all, you shouldn't have a problem getting another loan but my question is do you need or want another car? If your fiancee works, then you may justify for another car. If she doesn't, I urge that you save the payments for a future house payments (assuming you haven't own one yet).

You see, it's not how many credit cards you have but how much cash and asset you have accumulated that would work for you in the future that counts. Always remember, interest expense that arises out of consuming is bad, but interest expense arises out of a business that would eventually generate a revenue is good. In short, business interest good, consumer interest bad (that's go with mortgage as well in fact, but it's another subject).

It won't be hard at all since you have a nice credit score. Just make sure that your budget will allow a second vehicle to be purchased.
I doubt the loan would be a problem. Will it be a problem if your fiancee decides you aren't the right one and leaves you with the car payment, but not the car?