How much did you put down on your Z

Jeffblue · 03-21-2011, 12:17 PM

Quote:

Originally Posted by kenchan

if you look up there is always people with more money. doesnt matter. just know your boundaries and know your money. that's all that matters.

and i think car loans are a great way to build credit for your future mortgage.

just make sure there is no cosigner. My dad cosigned on my my loan when i had an altima and then i got no credit. Didn't help that the stupid finance department put the loan in his name either

took like 8 months to get it switched.

houkouonchi · 03-21-2011, 12:31 PM

Quote:

Originally Posted by Jeffblue

just make sure there is no cosigner. My dad cosigned on my my loan when i had an altima and then i got no credit. Didn't help that the stupid finance department put the loan in his name either

took like 8 months to get it switched.

That is odd. My dad also co-signed with me on my subaru a bit under 5 years ago. It was because I was getting paid under the table although I ended up getting a full-time job later. Anyway my credit score in that 4 year period or so before I ended up buying my house and my 370Z went from around 680 to 800. I also had quite a few credit cards (never left a balance on them) so I figured part of that jump was for the car. The car-loan *did* show up on my credit report.

Econ · 03-21-2011, 12:31 PM

Quote:

Originally Posted by Jeffblue

just make sure there is no cosigner. My dad cosigned on my my loan when i had an altima and then i got no credit. Didn't help that the stupid finance department put the loan in his name either

took like 8 months to get it switched.

my father cosigned however the loan is under my name, and I am getting "credit" for it.