Saturday, August 8, 2009

Is it possible for me to get an auto loan before I start a high paying job?

I'm a college senior and I graduate in two weeks and will be working for Chevron making 48000 a year and I wan't to just get a used car under 7000 with 2000 down payment and finance the rest. I'm wondering if loan companies take into account that I have a standing job offer. My credit history is limited and I have one credit card and checking account and a part time job. Is there any hope for me or am i just screwed?



Is it possible for me to get an auto loan before I start a high paying job?

You should be able to be approved for a car loan. Talk to the bank where you have the checking account, and they most likely can help you with the financing!



Is it possible for me to get an auto loan before I start a high paying job?

Auto Loan Guide: http://autoloans.autoloanassis... Report It



Is it possible for me to get an auto loan before I start a high paying job?

yes



Is it possible for me to get an auto loan before I start a high paying job?

The question headline makes it seems like you were you going to spend quite a bit more. If you have paid your credit card every month and you have your offer letter from Chevron stating your salary, you should be fine. Plus, putting $2,000 down is a good decision.

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