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Originally Posted by darklocust Does PenFed have a co-sign program? What do you guys recommend for someone with bad credit? Like someone who just got out of a short sale?
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If you have bad credit you need to make sure you have a significant amount to put down as cash. The financier needs to know that they won't get screwed if you default. If you don't have any cash it's not a good idea to buy new.
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