Are there any loan advisers or such on ATOT?

[Leper Messiah]

Basically, I'm looking to get a short term loan (24 months or something) for about $5000 or so, so I can buy a decent car, and be able to put a down payment for insurance, tittle, etc. I don't have bad credit, per se, I just don't really have any credit. I'm 18 years old, none of my apartment's bills are in my name, etc. I do have a job where I know I can make enough money to cover a payment, etc.

So basically I have a couple of questions.

1) Will they make me have someone else co-sign or something like that?
2) What are the interests rates going to be like (just a ball park figure, I was thinking something like 10% yearly or something like that that.)

TY in advance guys (and gals).

 

[Leper Messiah]

bump before I go to bed.

 

[unprecedented]

Nah i dont think there is any loan advisers or such... bummer

 

[Leper Messiah]

work crew bump.

 

[Viper GTS]

With no credit history you're unlikely to get an unsecured loan for $5K.

Additionally most auto finance places won't touch cheap/old cars.

Your best bet is probably to save a couple grand, buy something dirt cheap, & build your credit by getting a small credit card.

Viper GTS

 

[vi edit]

Go visit your local credit union. They tend to be the most forgiving when it comes to loans. They also usually have the best interest rates available.

 

[DougK62]

Get a co-signer and go to a credit union. No problems.