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I would say no, as you'd be a bad risk - no job so unable to pay back the loan.

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โˆ™ 2008-07-26 00:00:45
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Q: Can I get a loan against an auto without a job?
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Related questions

If you tell an auto dealer that you have a job when you know you are quitting that job can you get in trouble?

If they have already approved your loan, you won't get in trouble. If you have trouble paying your loan because you don't have a job, your car will be repossessed.


Can you get a car loan without a job?

Yes, as long as you have an alternate source of income and you can handle both the car payment and your other living expenses. Having a good credit history will help, too. Auto loans for borrowers who have lost job come standard in two options 1)secured car loan 2)Unsecured car loan. In a secured type of auto finance, collateral is required to be pledged as security against the loan amount granted and as a result, it is much easier to get an approval for the car loan and even the rates of interest provided could be considerably lower. But if you do not have collateral to offer you could consider availing the other option.


How do you get a car loan without credit or job?

it is very hard to get a car loan unless you show you are bringing in some type of income.. you may have a chance if you have a co signer yeah it's true car loan without credit as well job is very difficult to get, if you have no job then you must need cosigner to get car loan.


What happens to your 401k if you have a loan against it and leave your job?

Typically, you have to pay the entire balance of the loan back.


How do you qualify for a car loan?

To qualify for an auto loan you will need a job that pays well enough that you can afford the payment and be on the job for a while, usually one year or longer. Additionally you will have to have some decent credit.


What is the lowest possible credit score you can have to get an auto loan with out a co signor?

I was 18 (still am) with technically no credit when I was approved for an auto loan without the help of a co-signer. Four months or so before taking out the auto loan I was approved for a small personal loan (~$1,200) from the same finance company as somewhat of a trust-builder I suppose. All I needed to start was collateral, which was the title to my step-father's car (with his permission of course). So don't let anyone tell you it's not possible or hard to acheive, because even with this economic environment, I was still able to, and I had a rough job history through a couple temporary job agencies.


Where to get a car loan without a job?

if you are having any other sources of income show that proofs to your lender.it proves that you are able to pay car loan. today there are so many lenders available which provides you car loan..go online and search for car loan lenders giving loans without a job.


Where can one find auto finance jobs?

There are lots of places where someone can get an auto finance job. Some of these places include; An Auto Dealership, A bank specializing in Auto loans, and a customized 3rd party Auto loan company.


Can a student get a student loan without a cosigner when they have bad credit and no job?

no you do have to have a cosigner with good credit in order to get a student loan.


What does someone have to have to get an auto loan?

Decent credit history, a steady job, a steady residence, and no delinquencies/missed payments.


Can you get a loan without a job but half the money down?

Not likely but only a lender can answer this question. My question is why in the world would you want to take out a loan when you do not have a job earning money. How are you going to make payments on a loan when you have no income. This sounds very foolish to me.


How old do you have to be to get a money loan?

Old enough to have a decent job with sufficient wages to repay the loan on time and without cramping your living style.


Can a person get a car loan that is under 18 without a full time job?

Probably not


Can someone without a job co-sign on a car?

Yes, a person without a job can cosign on a car loan. However, the person must have great credit before they can cosign.


How can you get a loan with fair credit and no job?

Probably Cant. Lending institutions are in it to make money by lending money if you have no job you have no income. One of the first thing they request for a loan is pay stub, Without a job your to risky to the bank and they are going to laugh you out the door.


Can you buy a new home without a job?

If you have cash, yes.If you are looking to get a loan, no.


How does one get a loan against a property?

The first step to getting a loan against property would be to find the Banking Institution that you would like to use for the loan. A person would need to have a job with a salary in order to apply for the loan. Then they would have to have all of the documentation necessary to submit to the bank for the loan including proof of income, financial statements, income tax returns and proof of identity.


Finding An Auto Loan?

If you have a poor credit score, it can make it difficult to get approved for an auto loan. It is typically impossible to buy a reliable vehicle without obtaining an auto loan, so the situation can be fairly frustrating. It's not impossible to obtain an auto loan with poor credit, however. There are some lenders who will offer loans without any credit check necessary. These lenders will base your eligibility off of your income and your financial situation. If it looks like you have a steady job and you can pay your bills on time, they will work together with you in order to find a solution. At the same time, you should realize that, no matter what, a poor credit score means that you will be charged a higher interest rate. Before signing up for anything, make sure that you understand the terms of the loan. Even if the interest rate doesn't sound very high, you might end up paying as much on interest as on the car itself. Never take out a loan for a term longer than two years, or you could end up upside down on your loan, meaning you owe more than your car is worth, and you can't sell it to escape the loan.


Is there a loan for me if i have no cosigner bad credit and no job?

Someone will probably loan you money under those circumstances, but it will be a very expensive loan. You might have to pay twice or more money back at the end of the loan. It would be best to try to live without such a loan.


In what situation might you need to refinance with a home loan?

You may need to refinance your home loan if you need to get money against your home. For example you are in the situation you lose your job and have no money, some people refinance , and borrow against their home in order to get money to live, however it does create a second loan.


Will an American Bank gives loan without job?

The simple answer is no. You must be employed to receive a loan from a bank as otherwise they have no proof that you will pay it back. Hope this helps.


If an adult gets an auto loan for you can you have the loan signed over to your name when you are 18-years-old if you have a full-time job?

Actually, it is possible. If you have the adult cosign the loan for you and you never miss a payment, including making them on time, you will be on your way already to building a credit history, even though you're under 18. Once you hit 18, you should have a good credit score and you could have the auto loan be refinanced in your name without a cosigner. Your income will be taken into consideration but depending on the amount of the loan, you won't have to make "3000-4000" a month, that is, if the loan is going to be $300 a month and if you make $1200-$1500 and you show you have little expenses, it could work and the dealership will be able to get the car refinanced in your name.


Lost job and Cant afford car loan what can I do without hurting my credit?

Call loan company and explain your situation, see if they can offer you a delayed payment schedule, etc.


Who will approve you for a bad credit personal loan?

If you have bad credit you can still obtain a loan up to $1500 from most online payday loan companies. Most don't require a credit check, but you'll need to provide a checking account and have a job that deposits your check directly into your checking from which the loan can be repaid (auto drafted) from.


Can you get a home equity loan on a house that is paid off without a job?

Yes you can, depending on your debt and credit score.