Is it possible to get a co-signer who is a resident?
2007-05-07 17:12:11 · 5 answers · asked by q8 2 in Cars & Transportation ➔ Buying & Selling
Probably not, the lender will want to run a credit check on you. If you have a co-signer, they need to have a good credit rating, and have enough income to cover the debt, in case you don't pay. They too, need to provide a social security number.
2007-05-07 19:50:24 · answer #1 · answered by fisherwoman 6 · 1⤊ 0⤋
My guess is that you are not a citizen of the US and are trying to get a loan. A co-signer is always possible as long as the co-signer has a good credit rating. All the dealer is interested in is getting his money out of the car. Other than that, he could care less. good luck
2007-05-07 17:23:47 · answer #2 · answered by Fordman 7 · 1⤊ 0⤋
The only way is for another person (the would be co-signer) to purchase the car for you (if there credit permits). This is called a Staw Purcahse and is illegal.
2007-05-09 17:40:19 · answer #3 · answered by Anonymous · 1⤊ 0⤋
the one thing i know for sure that you do need is a social security card and number,this is a must when getting any kind of a loan good luck.
2007-05-07 17:24:01 · answer #4 · answered by dodge man 7 · 1⤊ 0⤋
NOPE... YOu need to have some sort of credit history.. Even if its no credit... the only way to check is your SS.. So get out and get one...
2007-05-07 18:58:38 · answer #5 · answered by Vindicatedfather 4 · 1⤊ 0⤋