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mustangy
Posts: 90
Registered: ‎11-06-2012
Re: co signer of own small business corparation first time car loan applicant
[ Edited ]

Thanks for answers Croselx Indecision and Guydiver

 

I forgot to mention this car is for luxury limo for business purpose . I paid in cash 49k (some from friends) in cash just not to struggle with loan sharks Company i work has many loan deals with lender (new york city over 300 cars replaced every 3 years all luxury Cadillac BMW Mercedes)  yes its expensive but weekly payments are deduct from our check straight to lenders account.

My concern was i m a first time car buyer that's may be the primary issue finger crossed waiting for news

 

if they give high rates can i turned down and ask them for more down payment and new rates? I gues i have no chance from my own bank BOA' I m not loan person i dont buy even a laptop with credit dont like to be borrowed to some one thats why my score is good but no loan installments.

 

 

BOFA Master 5k# BOFA Visa 15k flex#Amex BCE 13.5k#chase freedom 5k#capital one $2000 2009#HSBC 1k closed 2009 (those guys kidding with limits)

FICO (lenders pull)scores 739 - 742 - 730 October 2012#length of history from Jan/2008
Business account###Capital one spark 2k