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Can i get a loan from the bank to buy a car even though i only have debit?

This is a discussion on Can i get a loan from the bank to buy a car even though i only have debit? within the General Chat forums, part of the Main Category category; i want to buy a car for college but i need $9000 i want to know if the bank could ...





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Old 06-13-2008, 08:09 PM   #1
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i want to buy a car for college but i need $9000 i want to know if the bank could lend me some money so i can get this car because i know i wont have another chance to get this car. i only have a debit card though. i could pay the bank month to month but i dont know if i i even have credit.
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Old 06-13-2008, 09:37 PM   #2
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without a credit file which is established when you use a credit card or something similar (not a debit) you have nothing to go off of, so probably not.
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Old 06-14-2008, 03:49 AM   #3
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If you have a good down payment maybe but since you'll be a college student with no income, how are you going to repay it? That's what the banks will look at.
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