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Limited Credit History! Need Vehicle!

Established Contributor

Re: Limited Credit History! Need Vehicle!


SLR72689 wrote:

When I was 18 years old, I bought a car and my monthly income was less than that. I bought a 2008 Chevrolet Cobalt (brand new since it was 2008) with $1000 down. My interest rate was high but I NEEDED a car and my parents credit was too bad to even try to get it in their name. It can be done!

 

Edit: I had two credit cards opened that year.


 

When i wasn18 years old i bought a new ford pinto for 2800. Man am i old or what...sorry didnt mean to interupt the thread.
New Member

Re: Limited Credit History! Need Vehicle!

My monthly payment is 260 and they financed me for 13900!

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Valued Contributor

Re: Limited Credit History! Need Vehicle!


angelbaby12 wrote:

My monthly payment is 260 and they financed me for 13900!


What are the terms of the loan?

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:23    


     $17k       $8.5K          Closed          $19k      $6.5k        $24.2k        Closed         $5k       Closed     $8.5k        Closed      @2.49%