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Friday, March 12, 2010

What do you think the chance of getting an auto loan if i have no credit?

I know the interest rate will be high. What is the chance of getting between a $8,000-$12,000 auto loan? Thanks!

What do you think the chance of getting an auto loan if i have no credit?
Pretty good actually if you have $1,500 or more for a down payment.








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Reply:There is a high probability that you will get an auto loan. Check this site: http://www.badcreditresources.com . There are lenders who specialize in approving bad credit loan and credit card request.
Reply:Are you working? If so, it may be possible as long as you're earning enough to pay your personal expenses and have some left over to cover the loan. Also, how long have you been working? Are you a reliable person? How long have you been able to keep a job? How old are you? Could anybody co-sign your loan for you? These are all questions that the loan manager looks for. Good luck.
Reply:yes u can take a loan http://www.easycash4all.cjb.net if you have know credit.
Reply:Please go try to arrange a car loan through a credit union first, before going to a dealership.





I'm not sure what they'll do, but if they will give you a loan at all, it will be at rates that are probably less than half what the dealerships might. It's definitely worth the time to look!
Reply:Should be pretty good, your down payment may be a little higher tho....

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