Speaking of Redlining....
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Please do not respond on the list, as this does not need to clog it up further. I am 19 years old, and I make 60,000 (verifiable income) per year. I have a 2000 dollar down payment. NOBODY will give me a loan. Everyone tells me my credit is fine, and yet, I cannot get a car loan to save my life. I have so far only tried major banks and GMAC finance. If anyone has any information that could help me find a place in the denver area that would give me a car loan (or anywhere really - money can be wired from anywhere) PLEASE let me know. I am trying to get a ~35,000 car loan - so far EVERYONE has just straight up told me I am too young (even though I make twice what these people make :) ) Thanks...
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John Kozubik wrote:
Please do not respond on the list, as this does not need to clog it up further.
I am 19 years old, and I make 60,000 (verifiable income) per year. I have a 2000 dollar down payment.
NOBODY will give me a loan. Everyone tells me my credit is fine, and yet, I cannot get a car loan to save my life.
I have so far only tried major banks and GMAC finance.
If anyone has any information that could help me find a place in the denver area that would give me a car loan (or anywhere really - money can be wired from anywhere) PLEASE let me know.
I am trying to get a ~35,000 car loan - so far EVERYONE has just straight up told me I am too young (even though I make twice what these people make :) )
Try it again with a 10,000 down payment. SHouldn't be a problem with this kind of income. It may help. - Igor, who would never buy a car costing more than 1/10 of his annual income.
participants (2)
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ichudov@algebra.com
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John Kozubik