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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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โˆ™ 2012-08-01 10:17:15
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Q: How can you get a loan without a cosigner when you have a limited credit history?
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Related questions

Will a cosigner's credit history appear on your credit report?

No


As a cosigner can you have a vehicle repossessed without affecting the cosigner credit rating?

Nope.


How can you obtain a student loan without a cosigner?

You can get a federal loan also known as Stanford loan, as it isn't based on your credit history it doesn't need a cosigner. Private loans also don't need credit history and other stuff.


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.


Can a 19-year-old without credit who is not a student sign a lease without a cosigner?

No.


Can you get another loan without a cosigner?

Yes, if you have a good credit score.


Is it possible to obtain a student loan without a cosigner?

It is possible to obtain a Student Loan without a Cosigner if you apply through a Government Loan Program. One such Program is the Stafford Loans. You do not need an Income or Credit History to receive a loan.


When getting a loan with a cosigner does the credit check go off of the cosigners credit or the borrowers credit?

The credit of the primary borrower(s) and the cosigner(s) are equally affected (positively or negatively) and both are subject to the credit history check and evaluation.


If you are a cosigner in someone's loan for a line of credit and he is at default what can the cosigner do to take his name back?

Nothing. The only option for being remove as a cosigner is to have the original loan refinanced without the cosigner participating.


Does the buyer of a car have to have a job if they have a cosighner and for how long?

if you have a good cosigner then all that matters is their credit and work history... if you renage on the deal they go after the cosigner


Credit Cards No Credit History Required for Students ?

Many students have not yet had the opportunity to build a positive credit history. Fortunately, there are lenders that offer credit cards no credit history required. Student credit cards are specially designed for young students with limited credit. Providers that offer these cards will accept applicants that may be considered a high risk by other lenders. However, applicants with a limited income must provide a cosigner unless the are over 21 years of age. Even with a cosigner, students may be looking at fairly high interest rates. The upside is that these cards give students the perfect opportunity to begin working towards a good credit score.


Can you rent an apartment without a cosigner?

Sure, as long as your credit rating is good enough to qualify and your prior history of paying rents on time is also excellent.

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