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Can I get a loan against an auto without a job?

Updated: 8/16/2019
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15y ago

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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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15y ago
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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.


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 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.


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 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 buy a new home without a job?

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


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.


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.


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.


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

Probably not


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.