Need Ideas

botlfed88 · 02-24-2004, 09:40 PM

ok heres the deal. i have a job of two years (its part time while i go to school) and i have about $600 a month of disposable income. i want to get a bike or a truck (payments about 150-250 a month) but i have found that its about impossible to get credit around here. dont really want to ask parents for help. anyone had a similar prob. or know of a bank that is good for a first time loan or better yet is anyone on here a loan shark??

j/k
anyway i would like to hear what yall have to say so fire away. thanks

CraZy6 · 02-24-2004, 10:34 PM

need a co-buyer/signer. If you are a first time buyer and have no credit. Or able to give a big down payment then they might except it.

MY281 · 02-25-2004, 10:30 AM

I run a small Finance Company and typically for first time buyers....you will need either one of two things...

1. Good downpayment

or

2. Strong Cosigner/ Would be best if it was a parent or even a
relative that you reside with.

Remember you want to establish your credit and build your Credit Report up...slowly.

dcm4136 · 02-25-2004, 11:30 AM

I had to get a cosigner for my first loan, but after that no more problems.

92GT · 02-25-2004, 06:15 PM

Yeah your gonna need a cosigner, or a big down payment. The fact that your job is only part time is gonna be a problem. My sister couldnt get a loan because she didnt have a full time job, just 2 part timers.

02-24-2004, 09:40 PM	#1
botlfed88 Registered User Join Date: Oct 2003 Location: college station/angleton TX Posts: 36 Trader Rating: (0)	Need Ideas ok heres the deal. i have a job of two years (its part time while i go to school) and i have about $600 a month of disposable income. i want to get a bike or a truck (payments about 150-250 a month) but i have found that its about impossible to get credit around here. dont really want to ask parents for help. anyone had a similar prob. or know of a bank that is good for a first time loan or better yet is anyone on here a loan shark?? j/k anyway i would like to hear what yall have to say so fire away. thanks

02-25-2004, 11:30 AM	#4
dcm4136 Ooh-Rah Marine Corps Join Date: Jun 2003 Posts: 1,166 Trader Rating: (0)	I had to get a cosigner for my first loan, but after that no more problems. __________________ 88 vert Be polite and professional, but have a plan to kill everyone you meet.

02-25-2004, 06:15 PM	#5
92GT Registered User Join Date: Aug 2003 Location: San Antonio Posts: 107 Trader Rating: (0)	Yeah your gonna need a cosigner, or a big down payment. The fact that your job is only part time is gonna be a problem. My sister couldnt get a loan because she didnt have a full time job, just 2 part timers. __________________

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02-24-2004, 10:34 PM	#2
CraZy6 Registered User Join Date: Jun 2003 Location: Corpus Christi,TX Posts: 830 Trader Rating: (0)	need a co-buyer/signer. If you are a first time buyer and have no credit. Or able to give a big down payment then they might except it.

02-25-2004, 10:30 AM	#3
MY281 I hate Lurkers.... Join Date: Dec 2003 Posts: 528 Trader Rating: (0)	I run a small Finance Company and typically for first time buyers....you will need either one of two things... 1. Good downpayment or 2. Strong Cosigner/ Would be best if it was a parent or even a relative that you reside with. Remember you want to establish your credit and build your Credit Report up...slowly.