Saturday, October 31, 2009

Want to get a car financed but only making $850.00/month?

I%26#039;m eighteen with no credit, I%26#039;d have my grandpa with perfect credit co-sign..



the car i want is a 2006 pontiac g6 for 12,900.. I%26#039;d pay $3k-$4k down, but I don%26#039;t know if I make enough to qualify for a loan?



Would I?



Want to get a car financed but only making $850.00/month?

M ost Banks require that you make atleast 1500 per month no matter what but here is what you can do email me for the detailed information and i can help Thanks



Want to get a car financed but only making $850.00/month?

ive seen car dealers allow customers to buy a used car with just under 100 a month payment and the cars wernt that bad looking. just explain to them that you need a car and thats all you can afford for now untill you establish some more credit, they might help you out



Want to get a car financed but only making $850.00/month?

Yes i was approved for a 11,000 car loan with no credit at all and nothing down and i made about 700 a month and the payments where 250 a month



Want to get a car financed but only making $850.00/month?

Its about debt to income ratio. The bank is less likely to loan you money if it is higher than 40%. Reguardless of your credit and amount you make, that is the basic rule. Credit determines the interest you will pay. Co-signs are always a plus!



Want to get a car financed but only making $850.00/month?

DON%26#039;T buy a car unless you can pay cash for it. You can save up really quick if you do not have to buy gas and insurance. You do not make enough to be able to afford these plus a car payment, the national average of which is $450.00. Don%26#039;t put anyone at risk by getting a cosigner.



Want to get a car financed but only making $850.00/month?

Your debt to income ratio is pretty good (meaning you have minimal obligations and make money) so it sounds like they may approve you. But I know some lenders like to see a minmal gross monthly of 1500.00 try capital one auto finance.

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