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What kind of auto financing can you get if you am a college student with no credit history?
Wiki User
∙ 12y ago
Any type of financing requires some type of credit, so as a college student with no credit established, you will need to have a co-signer. A co-signer with good credit will get you the best interest rate, but it is up to you to be surepayments are made on time, to ensure you dont damage their credit.
Wiki User
∙ 12y ago
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How is it possible a consumer might not have a credit history?
If they have never taken out a loan, credit card, or anything else, there is no credit history. You should start building credit while in college - small credit cards and student loans are good ways.
Where can one get bad credit or no credit loans for car financing?
Many car dealerships offer financing for people with bad credit or no credit history. These loans will have a higher interest rate because a person with a bad credit history or no credit history is considered are often considered to be high risk. Checking with a local dealership will determine if the offer this service at their location.
Are student loans reported on credit history if still a student?
yes
Can a student get a loan with bad credit history?
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If you're 22 and a senior in college with no credit history and no job what is the best way to get a credit card if you were denied for a Citibank student card?
Have a parent or adult w/credit history co-sign on a credit card in your name. Also start to put utilities in your name when possible.
Is the average number of credit cards a college student has?
No I am sure that college students do not have the average number of credit cards.
What are five sources of credit?
There are many places to get a credit history. Going to college and having student loans, are a source of credit. If you have a credit card, you are building or losing credit. Paying bills on time, paying of vehicles and houses will all give a person credit.
Will an eighteen year old college student is an authorized User on moms credit cards will he have a credit report?
In general, no, having a card on his mother's account will not go on his credit report, for good or bad. If the student gets a credit card with the account in his own name, possibly with his mother co-signing, that will go on his credit history.
Account receivable financing is based on What?
There are three major factors in accounts receivable financing. Receivables buyers look at the size of the accounts, buyers' credit history, and the age of the receivable.
What is the right age to get a student credit card?
Whenever you start university (or, in America, college), is the correct age to get a student credit card.
What would be the best thing for a college student in credit card debt to do?
The best thing for a college student in credit card debt to do is to contact a debt consolidation company to help workout a payment plan that the student can afford.
Where can one find out more about car financing with bad credit history?
If one has a bad credit history and would like to find out more about financing a car there are many sites that can help. Good places to start are financial institutions, online and credit unions. It is always a good idea to shop around to find the best deal.
