Re: Will Leasing a Car look like outstanding debt on my credit history?
It sounds very logical that it will look like an extension of credit since other creditors can reason that it is an obligation that can affect my ability to pay other obligations. I was hoping that since a lease works a bit different than a contract to buy, the effect would be that it would not show on my credit history. But, I think I am a bit optomistic because a leasing company wouldn't expose itself to so much risk without informing itself of its customers. I'll keep investigating the matter but I think you are probably right Terry. Thanks.
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