Im 20 i make enough money to get a loan, i just dont have enough credit history.

  • Thread starter Thread starter Justin
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Justin

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What should i do? I know the economy is bad and that no bank is willing to take risks, but i have a job that i have been at for almost 2 years. I have some money saved up but not a lot, and i am trying to get a car that is well in my financial situation but cant find a bank willing to help out. What should i do?
 
try a credit union. Most will require at least 20% down. You could also try a used car dealership. The finance people there are usually pretty good at finding loans. Watch the interest rates though.

You could get a low limit credit card to build your credit for a while. That may help too.
 
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