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Posted in Auto Loans
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Talmadge1989

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Car Loan, Fair Credit, Low Debt to Income Ratio?
Is it possible to get a car loan with a credit karma score of 641? I have a steady job but I only made 16000 last year. I pay 650 a month for rent and I want a $9000 auto loan with $2500 (of my own money) down. is this possible? im tired of walking everywhere. any opinions will help thank you.

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with credit score yes financially NO even with $2500 down your bills added up are around $1100 per month given rent + living expenses ($120 electricity, $180 groceries, $150 phone/cable/internet) which puts you at $13,000 already which leaves $3000 for gas insurance and loan payment per year which is impossible  IF you add additional info I can better help you I had to estimate expenses based on an average......

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