I just got a new job 2 months ago. I know most lending institutions require employment of at least 3 months.I also have been working at a part time job for about 2 yrs now. Does any of this count?
2007-02-08 10:12:41 · 6 answers · asked by romantic_pleasure 2 in Cars & Transportation ➔ Buying & Selling
I just gotta new job two months ago. I know most lending institutions require a work limit of at least 3 months. I also have a part time job that Ive been at for 2 years now. Does any of this count. The vehicle I am trying to purchase is coming from a private seller. So what are my options?
2007-02-08 10:34:43 · update #1
Go to a buy here pay here place they will Charge you more for the car. But they will finance anyone I know a guy who has very bad credit and they financed him but he was paying $300 a month for a vehicle. If you miss one payment though they will repo the vehicle.
2007-02-08 10:22:30 · answer #1 · answered by ♫Rock'n'Rob♫ 6 · 1⤊ 0⤋
Here you can compare different options
RE How can I apply for a used auto loan with not so good credit?
I just got a new job 2 months ago. I know most lending institutions require employment of at least 3 months.I also have been working at a part time job for about 2 yrs now. Does any of this count?
2014-09-13 01:43:03 · answer #2 · answered by Gracia 1 · 0⤊ 0⤋
1
2016-09-30 18:10:19 · answer #3 · answered by ? 3 · 0⤊ 0⤋
Yes your part time job counts, You can call any bank or credit union and ask about their lending, most banks will be honest about their standards in lending. Some banks take only A list customers, some will take any. Don't take a loan from a Dealer, they add on their own interest on top of what the bank does, so you get your best deal right from the bank, but shop around too see which bank will give you the lowest rates.
2007-02-08 10:18:30 · answer #4 · answered by Dina B 3 · 1⤊ 0⤋
I agree with Dina, never get a car loan at a dealership if at all possible. Ask around at work to see if your company is part of a credit union, as these usually have better rates than a conventional bank. Even if you can't join one through work, most communities let you join the credit union just for living there.
Get pre-approved for a loan amount and get it in writing. Then take the letter with you to the dealership, that way you can haggle with the price and they know you mean business because you have already taken the right steps to get a loan.
But if they tell you they can beat the quote you got (after you already shopped around) don't believe them, they may reduce your rate only for a short time. Either way, they will get their money from you, so be smart and get your loan elsewhere.
Hope this helps!
2007-02-08 10:26:43 · answer #5 · answered by Texarican 2 · 0⤊ 0⤋
The first answerer said everything correct, but you can also go to a dealership where they sell used cars and get a auto by buy here and pay here. But be careful with these, they charge u an an a leg for interest. Just take your time looking. Good luck.
2007-02-08 10:24:22 · answer #6 · answered by Boricua Born 5 · 0⤊ 0⤋
I am sure you will find this site very useful: IMMEDIATELOAN.NET
2014-05-14 09:06:37 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Get free rates
2015-01-27 10:57:28 · answer #8 · answered by Annmaria 1 · 0⤊ 0⤋