My car is rapidly dying and I need one for work.
I'm 20 and don't have much of a credit history, but do currently have 3 credit services reporting to the bureaus and in good standing.
I have a job that pays me about $2000 a month, but I just started the job.
Do I have a chance of getting a small car loan for a used vehicle?
2007-05-08 09:09:36 · 5 answers · asked by suliman 3 in Cars & Transportation ➔ Buying & Selling
absolutely, go to your local dealer, and they'll help you out.
2007-05-08 09:25:34 · answer #1 · answered by jay 7 · 0⤊ 0⤋
You have a good chance to get a small loan from a bank or credit union. You would also qualify for financing through a used car dealer. Good luck and congratulations one your new job.
2007-05-08 09:31:29 · answer #2 · answered by redd headd 7 · 0⤊ 0⤋
depends on your work history. if you are on a new job in the same field as your education or previous employment then you may be ok. otherwise you will need to be on the job a minimum of six months.
2007-05-08 09:21:53 · answer #3 · answered by malemute1 4 · 0⤊ 0⤋
You will have no problem. There is a bank out there that will lend you the money. Shop around for the best intrest rate.
2007-05-08 09:26:54 · answer #4 · answered by sonnie_b 4 · 0⤊ 0⤋
You can get one from a note tote lot, but if you miss one weekly payment they will repo.
2007-05-08 09:26:54 · answer #5 · answered by James B 5 · 0⤊ 0⤋