Can I get a car financed on my own next time?
I have bad credit, like a 520. 22 years old. I was able to get financed for a cheap car from suburu for 8 months, but had to have a co-signer. I have a good job so I know I can make the payments on time. If I make the payments on time for the 8 months and pay off the car, do you think its possible that I can be financed in a car on my own next time? Nothing expensive, just a new car for a change instead of a used one. Thanks.
Have Bad Credit, If I Successfully Make On Time Payments And Pay My Car Off?
By pay online Posted in: payment
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As long as your debt-to-income ratio is low (you earn more money than you owe). You may have to pay a higher interest rate because of your lower credit score. It might be possible but you still may need to have a cosigner if you have not been on the job that long.
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