can a oerson with not so good credit get a loan froma credit union with co signer?

Answer 1

Probably the best answer to this question would come from a lending institution. Try applying yourslef first, and apply at more than one institution, I was turned down at 4 banks before finding a bank that wanted my business for a truck loan when I was oretty young and had no financial background at all to base a decision on.

OK with a cosigner, its not your credit they will look at, its the co-signers and if you default, it's their credit that gets the black mark. As well, your co-signer is responsible for the debt, even if they have to seel their house or car or take it out of their retirement, so be careful and responsible.

Answer 2

likely, yet you may want to be more effective off paying off all of your scholar loans and charge playing cards formerly you commence figuring out to purchase sources for an funding. what's going to take position if you're actually not getting any tenants or ones who received't pay or trash the position? It takes position for all time. Do you've the money for upkeep? inspite of purely one kinfolk in a house, the upkeep are persistent. What if both of you loses your interest? inspite of you settle on to purchase, get a very good inspection and someone to inform you if the position is value effective. Get finished coverage. My brother began with a double that had to be fastened up. when you pay each and every thing off and characteristic some income, then you may initiate with a smaller funding like that.

Answer 3

I don't think so. They usually have records for bad credits and they check new loans against this.

Answer 4

Maybe. My sister-in-law had the same situation and they made it very difficult even with a cosigner.

Answer 5

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Answer 6

yes.