I’ve applied for numerous auto loans and have been denied because I have no credit, I know no credit is better than bad credit but I really need to find a car before August. Anyone have any suggestions?
4 Comments Already
July 10th, 2010 @3:03 pm
Any question with the word “loan” in it will get a lot of spam responses; please don’t fall for them. Without credit, any lender that would approve a loan will charge high fees and interest rates and possibly charge too much for the car (if the loan is through a dealership). Start saving as much money as you can toward buying a car and buy one that’s inexpensive. The more you have saved as a downpayment and the lower the price of the car, the less you’re borrowing. Not only will this improve your chances of being approved for a loan, but it will save you interest fees.
July 10th, 2010 @4:02 pm
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July 10th, 2010 @4:19 pm
hi
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Do you have anyone who would cosign for you?