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Car Loans Specialist in USA offers a variety of car finance for your new or used cars with no co-signer. Credit doesn't matter if you have good credit, bad credit or limited credit! Getting a Loan Without a Co-Signer - Save up for a larger down payment. The more EQUITY you have in the purchase, the more likely you are to get a loan.
So if I happen to have no credit, how am I going to get approved for a car loan?
Well, with the majority of car loan companies, just being young and having little to no credit isn't a factor when it comes to granting an approval. Why is that? Well that's because a auto loan is a secured sort of loan. The lending institutions are protected by the fact that if your loan does go into default they get to take your car.
Usually auto finance companies won't require a cosigner for auto loans up to the $25,000 range. If you happen to be a student, there isn't a need to have a auto loan for a car that costs more than $25,000.
Car Loan financing is what I do for a living and car loans are based on the following factors;
1. LTV (loan to value).
2. Term requested.
3. Age of vehicle.
4. Down payment.
5. Miles on vehicle.
6. Time at residence.
7. Time on job.
8. Monthly income before taxes.
9. Credit score/profile.
10. Total debt to income ratio.
With bad or poor credit, the only way you will be approved for no cosigner car loan is if the LTV is around 85% of wholesale. This is goin to require you to find a dealer that first owns something that far back of book and second is willing to sell it that cheap. Very, very hard to do.
First of all collect some more cash for down payment and then go online and search loan with no credit you will find lots of sites on internet who provide no credit car loans just fill out form they will contact you if you will qualify.
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Depending on the car lot you go to they may carry there own contracts, the downfall is they dont carry high quality vehicles. As for new cars all you can do it try. You may h…ave good chances
Answer It depends. If it's for a car you can go to any bad credit car place and they will give you credit. If it's for a house you can call a bad credit mor…tgage broker and they will give you a mortgage if you have a downpayment. If it's a small personal loan you need, go to a payday loan or cash advance store. You need a job and a checking account. Or you can try to get a loan from a bank or credit union if you have collateral like a car or house or something of value. Or you can go get an Auto title loan. You need a clean and clear car title and you get money the same day. These are the only ways I know of.
Answer Many places are willing to provide that service, but the interest rates are ridiculously high.
How do you get a car loan and finance a car with limited credit and no cosigner and no down payment?
Hi I used to work in Creditplus car finance last year. They are guaranteed car finance even if you got bad credit history and their car loans were low rates. I think their w…eb site is http://www.creditplus.co.uk Wish my answer will help. Thanks
Answer It is very hard to obtain a private loan without credit or a co-signer. If you have collateral such as a vehicle/boat, then you may be able to obtain a… secured loan from a credit union. Try building credit with a secured card or a student visa with a low limit before attempting to get a loan.
Answer The only way to be removed from the obligation of cosigner is for the loan to be refinanced.
Answer Usually no. You can try like a cheaper car dealership and see if they will, but they look at credit history to see if you made previous payments on time.
LOAN OFFER You can get your Education loan here even without credit I am Mr Habert Robin a private loan lender. I lend out loans to those who are God fear…ing who will not fail to pay back my money with low interest rate.I do this to help those that are fanacially stressed.I will be able to help you if you are still in need of the loan you asked for on the website www.wiki.answers.com. If interested contact my mail via; firstname.lastname@example.org
Answer Yes, as long as the cosigner's credit is in good standing. This is a good way to build credit for yourself. Answer Try a KIA dealership … KIA has been known to assist people to build credit. You will need a good job (a plus if you have been with the same company for 2yrs or more) Another plus is to be able to provide a decent down payment. ($2,000.00 or more. ) Having a car to use as a trade in will help. Good Luck
Answer (FAFSA). The FAFSA is used to apply for all types of federal student aid and serves as your application for the Stafford loan program as well. If you quali…fy for grants, they help with this too. Both my sons have used this program. There are other lenders out there...if this doesn't work...just google student loans... just stick with names you have heard before. Good Luck!
Answer no you do have to have a cosigner with good credit in order to get a student loan.
Answer It's extremely hard!!! I'm going through something similar right now. I have massive amounts of medical bills from a car accident almost 2 years ago. My credit …score has gone down by 200 points leaving me no option but to have someone else sign for me. Which creates another problem. Apparently, lenders will not allow me to carry insurance on a vehicle that's in someone else's name. They call it a "straw loan" and this is now illegal because it originally referred to someone buying a gun for someone who wasn't allowed. I guess this is how the Columbine shootings happened. So, those idiots who killed so many (which is far worse than not being able to get a lousy car loan) has screwed it up for others as well. May they burn in HELL!!! So, I guess the bottom line is that you really don't have a good shot at getting a car loan unless you want to go through one of those places that will finance you w/ bad credit. Here's the problem, your rates are going to be way high. Like, you'll be paying $35,000.00 for a $22,000.00 car at the end of your loan!!!
Some who has character My Friend it is very difficult to get car loan with no credit and no cosigner although you have to contact some good car lenders in your area they can… guide you better.
I dont think so. I actually am the one that posted the question but i do have a partial answere--myrichunccle.com was able to give only $5000 rates are sky high tho…ugh but they did it with no credit history
The rising costs of college tuition have made it almost a necessity to apply for a student loan today. Students not only have tuition costs, but the cost of books, meals, gas,… cell phones, recreation, etc. The variety of student loans enables students to take care of their varying college expenses. A student loan however, is a loan that must be repaid under specified circumstances.
Without a credit history and a co-signer, you may find it very difficult (really impossible in this environment) to get a traditional loan. I would recommend, if at all possi…ble, to borrow money from friends and/or family if the loan you need is not large since the following options are not ones that I would want someone to use: * If the amount that you need is a small amount (less than $1,500), you only need that money for a short period of time (a few weeks), and you have a job with verifiable income (your paystubs will usually do), you may consider a payday loan. Though the fees are quite high, you do not need a credit history or co-signer to get the money. * Alternatively, if you own your car outright (have title), need a larger loan (which will depend on the effective value of your car), need the money for a relatively short period of time (a month or two), and you have a job with verifiable income (paystubs again), you may consider an auto title loan. The fees are lower than that of payday loans and credit histories are not needed, however, if you don't pay back the money, you will lose your car.
To get a personal loan with no credit or cosigner you can go online to find an online short term personal loans lending service. They are easy and convenient if you are in n…eed of extra cash between paychecks. One great aspect of short term personal loans is that you do not need a cosigner on the loan and the lender will not perform a credit check. To qualify for short term personal loans, you must: Be 18 years of age or older.Be a valid United States resident.Have a job with monthly income.And, you must have a current checking account at your bank.