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Financing A Car?

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Icyx18
New Member

Financing A Car?

Hi Everyone, I am new around here XD I joined a little over a month ago, just haven't really needed to post for anything. Well now I do Smiley Happy I wanted to know, if I would most likely get approved for a car loan approx: 25k [09 honda accord] it might be less, depending on what I get in it.
 
I am only 18 at the moment and will be 19 in January, I have credit scores of TU:718, EX: 728 EQ: 702.
 
I have 4 credit cards, Kohls-103, Walmartdc-25, Cap one 163 and the other i owe a 0 balance on, I actually just paid off my kohls and walmart off yesterday and paid down my cap one to only 100 dollars, I have 2 inquires on Tu, 4 on EX and 5 on EQ.. they are all from over 2-3 months ago maybe a bit less, I havent applied for anything recently.
 
Now, I wont be applying for a car loan until Jan-Mar 2009, hopefully by then my scores might be a little higher.
 
My oldest cc is 4 months old, EX I was an authorized user on my parents card from 2005 up, so that is on my credit report as well saying 3years and 0 months, so I was curious with my short credit history would I be able to get a car loan?
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2 REPLIES 2
Anonymous
Not applicable

Re: Financing A Car?

Your TU ( honda pulls TU ) score is good enough for Honda financing however it will depend on your income & job history.
Message 2 of 3
Anonymous
Not applicable

Re: Financing A Car?

I dont see it as being a problem! But you need a 740 to get those tv commercial interest rates. Good luck.
Message 3 of 3
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