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How old do you have to be to get a car loan? Co-signers?
This is a discussion on How old do you have to be to get a car loan? Co-signers? within the General Chat forums, part of the Main Category category; 18 or 21? Do you need a co-signer?...
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07-09-2008, 03:52 AM
| #1 |
| Junior Member Join Date: Jul 2008
Posts: 1
| 18 or 21? Do you need a co-signer? |
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07-09-2008, 10:01 PM
| #2 |
| Junior Member Join Date: Jun 2008
Posts: 5
|  You'd have to be 18. You will, as the previous commentor said, need a co-signer if you don't have adequate credit history. Even if you do have SOME credit history, having a responsible co-signer with good credit will help reduce your interest rate. Having a co-signer can benefit you both. For example, when my fiance bought his truck I cosigned. He has great credit, so having me on there didn't raise the interest raite, but what it will do is help build my credit, too. |
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