Auto Loans/Credit Question?
I've been trying to get a car and convince either of my parents to take out a loan for me (or finance with the dealers because that's easier). But they claim to have not-so-good and/or bad credit. Would it be better for me to just wait until I turn 18 (February) And finance on no credit rather then my parents bad credit? (I can afford a car and my parents cannot always take me to work (Especially the places that are offering me jobs, I'd rather not walk in the cold! Just to answer any of the 'Shes's not even 18, why?' questions XD) Please give direct answers and possibly an explanation ^^
Asked By: srhlem - 8/29/2011
Best Answer - Chosen by Asker
Rob R. would be half right but also half wrong. Yes, you can not be on a legal contract to purchase a car or get a loan until you are 18 yrs old, no matter what state you are in, as it is a federal law... More
Answered By: Big G - 9/1/2011
Additional Answers (1)
"But they claim to have not-so-good and/or bad credit. Would it be better for me to just wait until I turn 18 (February) And finance on no credit rather then my parents bad credit... More
Answered By: Rob R - 8/29/2011
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