Do I need credit here I'm 20 and trying to get a new car do payments the car is only 7000 and I'm trading my car in?

10

Asked by GarlandTC Mar 31, 2015 at 09:05 AM about the 2005 Ford Mustang V6 Deluxe Coupe RWD

Question type: Shopping & Pricing

5 Answers

30,090

this is only a listing site. you will need to contact the dealer or your financial institution regarding financing.

10

Yes because they keep telling me I need a cosigner but no one will do it

1 people found this helpful.
30,090

There are places that offer "subprime" financing for people with bad or no credit. Keep in mind though that you will pay a very high interest rate. That is why you would be better off to find a cosigner. The rate will be charged based on their credit, not yours. Save money and pay cash for your car.

10

But I'm pretty much f***ed because nobody can cosign my parents have bad credit and I have no credit they have a higher income though and a dealer told me to add them because of the income would go up

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