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IF I DONT HAVE ANY CREDIT HOW COULD I APPLY FOR AN AUTO LOAN?



IF I DONT HAVE ANY CREDIT HOW COULD I APPLY FOR AN AUTO LOAN?

You will probably need a co-signer, or a very large down payment.

You can apply for this loan with a creditor on-line, with your bank, or at the dealership.
You can put up money in a savings account or a CD as collateral. You won't get access to that money until the loan is paid off. You may want to apply for a store credit card somewhere with a very low limit and use it occasionally and pay it off each month. That will help you build credit.
i think anybody can get an auto loan. u might need a big down payment and you might have a higher interest rate but you should be able to get one
they have buy here pay here places....

go to your bank and get a personal loan. buy a car for a couple grand and then when you pay that off you will have credit..

the good thing about a personal loan is you are not required by the bank to insure the car
shane@fowlerit.com
Modified 1 year ago
its not possible unless u have a co signer
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