OK... here comes my history:

Some of you know my history posted previously. Well... I have a car loan. I still owe $10500. I asked my current bank (where I have some money saved and a credit card) for what I'm pre-approved.

It's Citibank.

They do not offer car loans, but they told me I'm pre-approved for a $9000 personal load. With that and some money on my savings, i will be able to pay off the car and then, pay the personal loan instead.

For creditors, what is the best choice to do? Close the loan and open the personal loan, or just keep with the car loan (the APR is the same for both)


Also, I'm approved for a $2500 line of credit. That is credit you can use for overdraft protection and/or to withdraw money. I really do not need this account, but it might be good for building credit history. Should I open it? It's free and you do not need to use it... it's like just a backup.


Thanks a lot!!