I started my credit about 6-7 months ago. and my credit is growing. Can't give you a specific score cause I don't know. I want to buy a 2005-06 Lotus Elise for $33,000. Does anyone think I can get that loan if I put that car up for collateral and like a $5000 down payment? Just wondering cause I don't want to go get a ding against my credit for trying to apply for a loan and get rejected. Thanks to whoever answers.
2007-03-01 13:43:47 · 4 answers · asked by Brandon B 1 in Business & Finance ➔ Credit
Oh forgot to add this. I work a part-time job making $1200 a month. If you need anything else just let me know.
2007-03-01 13:45:16 · update #1
I doubt that you could get a loan. The car is too expensive and your income is too low.
2007-03-01 13:53:54 · answer #1 · answered by Nelson_DeVon 7 · 0⤊ 0⤋
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2007-03-02 06:09:14 · answer #2 · answered by Anonymous · 0⤊ 0⤋
depends on what your credit score is.... most times if it is low, they will ask for a higher down payment. they will tell you just by looking at income and possible monthly note if you can do this or not.
2007-03-01 22:12:41 · answer #3 · answered by Just call me Mo! 3 · 0⤊ 0⤋
You should work harder at your job (not that i don't think u work hard at it already) to get a raise.
2007-03-01 22:14:34 · answer #4 · answered by Anonymous · 0⤊ 0⤋