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| *Loan,banking and credit>>>auto loan |
Auto loan approval??? |
how long do you need to be in a job before qualifying for an auto loan? if you only have fair or good credit history. There isn't a set answer, some banks are ready to loan you money if you have a job, it really just depends on the bank. I don't think time on the job is so much of an issue as your credit history. Most people with fair credit can get a loan, the question is the interest rate you will pay, and that is CRITICAL on how expensive the loan ends up being. Maybe you can try below website to get the information. It's about loan articles from the expert http://www.d-best-free-credit-report.com... The length of employment varies from bank to bank. Your best bet is to contact a dealer, preferably a large reputable dealer, and work with their special financing department to help you get a loan. Don't go to small dealers or work with loan sharks, because they'll rip you up, chew you, and spit you out. As a rule of thumb, a car loan for a first time borrower with little or no credit in the 15%-20% interest rate is acceptible. However, anything over than is scandalous. Me! |
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