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Marlo asked in Business & FinanceCredit · 1 month ago

Auto Financing?

a couple questions..

 1.) is it possible to finance a car with good credit score but no long credit history? i’ve had my discover credit for about 1 year & 7 months but my credit is about 736. question 2.) option 2 if i get denied is, my fiancé is willing to co-sign for me, he’s had credit for years & his is in the low 700’s. would my monthly payment go up or be cheaper if my fiancé co signs if my credit gets denied?   

any helpful answers would be appreciated! :)

2 Answers

  • 1 month ago
    Favourite answer

    Car loans are easy to get.

    Car loans with decent terms (low interest) is a different story. 

    Instead of being concerned about getting a car loan, focus on getting a car loan that doesn't make you bankrupt or keep you upside down for 5 years. 

  • Anonymous
    1 month ago

    What is your income

    What is your down payment

    Your cosigner may or may not be of value depending on his other obligations

    There are a lot of predatory lenders and just because you can get approved does not mean you should

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