Wed 6 Mar, 2013 10:37 pm
How can I get a small car loan [about 3 to 5 thousand] with out a cosigner? I've had a credit card for about two months so I have no credit. Right now I have about $1,400 in the bank and make about $1,300 a month. I do not have any major expenses at this time because I still live with my parents.
Please don't tell me I need a co-signer because that is out of the question... though I know it is preferable. I can probably wait an extra month and save up another $1,200 but I do need a car to get to work.
So my question to you is... "can I get a loan for about $3,000 any way with about $2,000 down?"
I don't really want anything too cheap because my last car was and it almost killed me on the interstate.
If I were you I'd go to your bank and ask the loan officer. That is what they are there for...providing info about what is affordable.