I just started working in US and no i have no credit history. Can i get an auto loan showing my salary?

I am earning good amount to pay back monthly for the total sum i need. I need like 6-7K financing. Can i get an auto loan with not high interest rate anywhere?

I just started working in US and no i have no credit history. Can i get an auto loan showing my salary?
Depending on were you are located, you can try http://finance.ebookorama.com make sure you know what the % is and possibly get it fixed, good luck.
Reply:Asking for a low-interest loan with no credit history is like asking a bank to let you enter their vault without you showing them a police or government id. Your credit history proves your financial responsibility and ability to repay loans. Without credit history, you would be a major risk. For example, after your 6-7k loan, will you leave the US with their money? You might say no, but the creditors will have no proof that you mean what you say.





You might be able to work out a plan with a dealer. However, note that your interest rate will be really high. Dealerships need to keep selling their inventory, so they'll be glad to sell their cars to anyone. But without credit history, you're a risk, so they'll tack on a high interest rate so that they can get more of their money each time you pay (higher interest rate means higher loan amount, which means higher monthly payment).

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