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getting a car loan at 19?
Im 18 and im in college and i graduate in september and will be 19 in november and i have to start paying off my loans in april i have a $12000 loan
i already have money saved up and should have $10000 by april and will probably have the other 2000 by july and my loan will be completely paid off
i currently have a credit card and haven't been late on a payment
do you think its possible for me to be able to get a car loan right after i finish paying off my school loans
I'm currently working part time but as of september ill be working full time making at least $22 a hour the only expenses ill have is car insurance and gas and other random things i might want to buy (i live with my parents)
3 Answers
- ?Lv 76 years ago
Not on your own, because your employment history will be too short. Your parents could co-sign.
P S I am assuming those student loans are not charging interest yet. [If they are, start paying them down, like $1,000 a month. - or, pay slowly, and use your cash for the car.]