How can I get a used-car-loan for a classic 1970′s car with limited credit history?
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I’ve been browsing the internet trying to find a loan service that will provide between 5k and 10k for an auto-loan. However, most auto-loan companies require the car you want to be a 2001 or newer.
I do have credit, but I only recently started establishing it about 5 months ago, so there isn’t enough credit history to be easily approved, or to be qualified as "good credit".
Should I look for a personal loan instead? Should I give up finding a lender online and just start calling local lenders to tell them my specifications and see what they can do?
I have someone with good credit that is willing to co-sign with me. Please help!
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Tim said:
http://www.capitolone.com.Blank check. You can apply on line. I have many customers that have used them. You will need a co-signer. Don’t run your credit too many times, it will lower your credit score.Good luck. Check out desertclassics.com. Good luck.
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0December 26th, 2009 at 9:41 am -
pokerfaces55 said:
unless your bank or saving institution gives you a personal loan..
its not gonna happen..
only ones giving loans on cars that old are used car lots
those buy here and pay here types..Like or Dislike:
0 0December 26th, 2009 at 9:41 am -
Paul said:
Never get a friend or anyone else to co-sign for you. You will not be friends very much longer.
A personal loan, where you don’t tell them what it’s for is probably your best bet in my opinion.
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0 0December 26th, 2009 at 9:41 am -
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