Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Auto Loans
Profile Image

Question By
Nbfaraway

0 Contributions
0 People Helped
Can I get this auto loan with No credit
I work at BMW plant, i make $33,904/year at the moment.
We have a credit union across the street, that does BMW's pay role, and knows how much all our employees make.
Question is: Could I get approved for a loan for a used car? like 13k$?
**I've been there for 1 year and 3 months
**I Cant get a cosigner
**I have no established credit yet

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
935 Contributions
132 People Helped

You have all the initial credit signs for a denial; although you have all the potential beginings to make it happen.   Start by becoming a member of the credit union, its never to early to start savings.   Consider your paycheck deductions an amount to match what you perceive the loan payment would be; or more.   if the credit union offers credit cards, consider making a deposit into an an account that could be used to back a secured credit card.  While you are in there, ask them what it would take to secure the loan you desire.   Even if the answer is no today, you will be surprised what a few months proven credit management could do for you.

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.