i dont have good credit (score in low 500s) but i have gotten a good job that is about to pay me 33,000 a year. the problem is i just started working there for about 3 months, i tried to get a car loan but got denied several times because of my school loans which are deferred, but high around 40,000.
Now i was only going to put $1000 on the car, i wanted that toyota yaris or a chevy cobalt but got denied left right and center. also i had a couple delinquent payments cuz i lost my job and wasnt able to pay (hence the new job). i am in the process of bringing tjem up to current.
If i put 50% down on the car will my credit be able to finance the rest? The car dealer told me the more money i put down the more the bank is likely to give me the loan. Is this true? or will i be embarassed
2006-12-29
15:51:55
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9 answers
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asked by
sweet_jemise
4