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How can you get a vehicle loan with no credit and without a cosigner?

Bethany Evans

in Student Loans

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Alexa Spicer on December 31, 2019

The answer Is very hard!!! I am going through something similar now. I have huge amounts of medical bills from a car accident almost 2 years ago. My credit score has been reduced by 200 points, and left me no choice, but to have someone else sign for me. Which creates another problem. Apparently, lenders will not allow me to carry insurance on a vehicle that is in the name of another person. They call it a "straw loan" and this is illegal because it originally referred to someone buying a gun for someone that was not allowed. I guess this is like the shootings of Columbine happened. Therefore, those idiots that killed so many (which is much worse than not being able to get a lousy car loan) has screwed up for others. May you burn in HELL!!!So, I guess the conclusion is that you don't really have a good chance of getting a car loan unless you want to go through one of those places that will finance w/ bad credit. Here is the problem, your price is going to be high. As, you will pay $35,000.00 for a value of $22,000.00 car at the end of your loan!!!


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