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With no credit history your interest rate is going to be through the roof. That's if you even get approved for a loan. You'll have better luck if you co-sign
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08-12-2012, 12:07 AM
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#1 (permalink) |
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A True Z Fanatic
 
Join Date: Aug 2011
Location: Tacoma, WA
Age: 43
Posts: 1,498
Drives: a POS truck
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With no credit history your interest rate is going to be through the roof. That's if you even get approved for a loan. You'll have better luck if you co-sign with a relative, like previously mentioned.
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09 Nismo #0483 sold. Viper or C7 next time around. |
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08-12-2012, 12:20 AM
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#2 (permalink) |
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Base Member
Join Date: May 2012
Location: Dallas
Posts: 98
Drives: 2012 370Z 7AT PW
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Job history and the amount made at your job does play a part. Now companies like Nissan and Toyota are approving more of the younger crowd with the belief if they give the younger crowd a chance they will be customers for a long time. If you have absolutely no credit what so ever it probably will not happen on your own regardless of the 10K put down. Good luck
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08-15-2012, 07:28 PM
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#3 (permalink) | ||
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A True Z Fanatic
Join Date: Jun 2009
Location: New Orleans
Posts: 1,088
Drives: 09 Silver Nismo
Rep Power: 20 |
Quote:
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