I am wondering what I need(especially in Canada) in order to get a large loan, with no personal credit or collateral.
I have no credit, good or bad, just none whatsoever. I also have no assets that I can use to secure the loan.
So would I need to get a cosigner with collateral and credit, or just a guaranteur with collateral and credit?
I mean I realize there must be a way, because kids out of high school do it without credit, so how does it get done?
Also is there a limit for how much one can get for a first time loan under such circumstances?
2007-03-28
03:12:02
·
9 answers
·
asked by
Luis
6
in
Credit