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    how can i make a car loan if i do not have establsihed credit?

    +1  Views: 431 Answers: 3 Posted: 13 years ago

    3 Answers

    It's not impossible to get a car loan without established credit,I bought my first car many years ago that way. If you don't mind buying used vehicles,there wont be any problem at all.My brother pulled up earlier in a very nice two year old car,and his credit is far from good,I purchased a car about 8 months ago,and my credit needs work also, you will get a car loan.  

    This is usually done by  the purchase of a used car from a buy here pay here car lot that does credit reports. Keep in mind  they usually ask for a down payment   (  most times close to what they are asking down  is  what they paid for it )  You may pay a little more than the car is worth  but if you haggle the down pay lower and you can afford the monthly payment. this will help build your credit with new car lot managers.  In turn that manager  can get you a car loan far more easy  based on your previous car purchase.    hope this helps


    poopy

    Colleen

    Moderator
    You know your name is going to get changed, right?
    IluvJesus

    Whats wrong with the name??There's a lot of poopy comments and questions that never get removed.

    Get a job first and pay all your bills.  They will eventually give you a loan.


    Do you have a steady full time job?



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