0
You can get a car/truck loan at the age of 18. Most people under 21 or with little or no credit will need a co-signer, this can be your parent(preferred), or an aunt, uncle, brother or sister. If none of the above are avail. or willing, the bank will, in some cases, let your employer or "best friend" co-sign, this can however cause trouble if you can't or don't make timely payments. hope this helps Tony
What else can I help you with?
Can you get a car loan with a co-signer if you have a repo on your credit?
You should be able to get a car loan with a qualified cosigner. Even with a repossession on your credit you should be able to finance a car loan.
How old do you have to be to get a car loan?
18
Should I use a car loan calculator to determine if I should refinance my car loan?
Yes, using a car loan calculator can help you determine if refinancing your car loan is a good decision by comparing your current loan terms with potential new loan terms to see if you can save money on interest payments.
You still have finance on your car but like a new car how can you do this?
The amount you owe on your old car is added to the loan on the new car,and that finance company is suppose to pay off your old loan.
Can your husband cosign on a car loan with a suspended license?
ok Should not be a problem. A car loan is about credit, not driving.
Can a 17 year-old obtain a loan for a car?
Yes, a 17-year-old can obtain a car loan with a co-signer who is of legal age and has good credit.
Is it possible for a 16-year-old to get a car loan?
Yes, it is possible for a 16-year-old to get a car loan with a co-signer who is of legal age and has good credit.
Is it possible to trade in a car and buy a new one even if you are still paying off a loan for the original car?
Yes. You have to make certain the dealership you're working with for the purchase of the new car is covering the entire amount owed on the old car. Also, whoever is doing your financing should give you a check made out to you and the lienholder of the old car so that loan can be paid off. If you do not do this, it is possible for the bank of the old car to come back to you and sue you for the loan balance. Keep copies of everything in a safe place. sunnyraye
Can a 17-year-old qualify for a car loan?
Yes, a 17-year-old can qualify for a car loan with a co-signer who is of legal age and meets the lender's requirements.
If you want to sell a 3 year old car that you are still paying for versus trading in should you apply for a loan to pay off the car loan?
I wouldn't. Contact the bank who you have the loan with before you try selling the car so you can get all of the details about how to handle the pay-off when you sell it. Find out what car dealers don't want you to know at www.dealertricks.com
How can a 17-year-old obtain a car loan?
A 17-year-old can obtain a car loan by having a co-signer who is at least 18 years old and has a good credit history. The co-signer will be responsible for the loan if the 17-year-old is unable to make payments.
Can a 17 year old get a car loan for 5000 dollars with out a co-signer?
A 17 year old will not be able to get a car loan for $5,000 dollars without a co-signer. Most banks will not give a 17 year old a loan even with a co-signer.
