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Is it possible for me to get an auto loan before I start a high paying job?



I'm a college senior and I graduate in two weeks and will be working for Chevron making 48000 a year and I wan't to just get a used car under 7000 with 2000 down payment and finance the rest. I'm wondering if loan companies take into account that I have a standing job offer. My credit history is limited and I have one credit card and checking account and a part time job. Is there any hope for me or am i just screwed?

You should be able to be approved for a car loan. Talk to the bank where you have the checking account, and they most likely can help you with the financing! Source(s): 26 years in the auto business
yes
The question headline makes it seems like you were you going to spend quite a bit more. If you have paid your credit card every month and you have your offer letter from Chevron stating your salary, you should be fine. Plus, putting $2,000 down is a good decision.
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