Apply for a low limit credit card - $100.00. Use it sparingly and make regular payments for 3 months, pay it off in the 4th month and repeat the cycle for 12 to 18 months. This will establish you as capable of making monthly payments on time and of paying off a debt to a $0 balance. Never be late with a payment.
If you are getting a Federal Student Loan credit is not an issues. I just got a Federal Student loan and my credit is BAD!!! The thing is, is that it's a Federal Loan so you will always owe that money, even if you claim chapter 7 or 13. I was worried about that too, but I got one just fine.
not if you make your payments like you should a cosigner is only called upon if you default on your loan
If you need a cosigner for the loan because of bad credit, it means you can't afford the car.
NO
The cosigner's credit will only be affected if the person that they cosign for defaults on the loan. The bankruptcy will not affect the cosigners credit.
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SOMEONE THATS HAS A JOB.
Government student loans. Some companies also offer contracts to those with bad credit, but the interest is much much higher.
If you are getting a Federal Student Loan credit is not an issues. I just got a Federal Student loan and my credit is BAD!!! The thing is, is that it's a Federal Loan so you will always owe that money, even if you claim chapter 7 or 13. I was worried about that too, but I got one just fine.
you cant
Yes.
Yes, you can get a 30,000 from your father.
not if you make your payments like you should a cosigner is only called upon if you default on your loan
If you need a cosigner for the loan because of bad credit, it means you can't afford the car.
yes no maybe so depends on bad your credit actually is
If you have bed credit, sometimes having a cosigner is the only way you can get an auto loan. The people who lend you the money so you can purchase the car want their money back with interest. If you have bad credit, they may think you will not pay them back. They may think your cosigner does not want his credit ruined and will pay them back. So, while they would not give you an auto loan, they would give you an auto loan with a cosigner who has good credit.
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