I've taken out loans there before and paid them on time and paid them all off on time so I'm already in their computer with my old loans showing I paid them on time every time. Do you think they would let me take out a $3000 to $4000 auto loan if I've only been working at my new job for a month?
Judith
There is only one way to find out, isn't there? You need to apply. They will take into account your previous loan history, how long you've been working at your current job and how long you've worked at earlier jobs - plus how long you've lived at your current address. What emphasis they put on each (all signs of stability) I have no idea.
You have bad money habits. Consider buying a book by Dave Ramsey. I used to have to get loans when something unexpected came up but once I paid them all off and have a nice savings account I no longer waste money on interest. I pay as I go.
Ayesha
They should, you should give it a try, ive never heard of the bank rejecting someone who has been working at their job for a month.
Roger O
Save your money and pay cash. When you borrow money you are in servitude to the bank until the debt with interest is paid. There is an old saying; "Neither a lender or bowworer be"!