Debt and Credit Blog | Free Online Tips and Resources » cosigner http://mycreditdebt.org Debt and Credit Blog and Resource Center Mon, 09 Jan 2012 23:54:35 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 What do you need to get a first time car loan WITH a cosigner? http://mycreditdebt.org/what-do-you-need-to-get-a-first-time-car-loan-with-a-cosigner.php http://mycreditdebt.org/what-do-you-need-to-get-a-first-time-car-loan-with-a-cosigner.php#comments Wed, 30 Dec 2009 04:22:52 +0000 admin http://mycreditdebt.org/what-do-you-need-to-get-a-first-time-car-loan-with-a-cosigner.php Hi! I am wanting to buy my first car. I’m 18 years old and the car I want is about $15,000. I just got a job (I have had other jobs before but not for the past 2 months) but I don’t start for another 3 weeks. I will be earning about $600 a month. I have NO other bills to pay, and my parents will be giving me the money for insurance and HALF of the car payment, so paying it will be no problem.

I need to apply for a loan, and I WILL have a cosigner with excellent credit (my dad). I know it varies from place to place, but in general, will I need to have worked at my job for a certain amount of time before I can get a loan? Also, can I put down what my parents give me as additional income when applying for loans? THANKS so much!

]]> http://mycreditdebt.org/what-do-you-need-to-get-a-first-time-car-loan-with-a-cosigner.php/feed 5 What happens to my car loan if my co-signer files bankruptcy? http://mycreditdebt.org/what-happens-to-my-car-loan-if-my-co-signer-files-bankruptcy.php http://mycreditdebt.org/what-happens-to-my-car-loan-if-my-co-signer-files-bankruptcy.php#comments Tue, 22 Dec 2009 00:53:29 +0000 admin http://mycreditdebt.org/what-happens-to-my-car-loan-if-my-co-signer-files-bankruptcy.php I have a car loan of about $10,000. I got this loan about 9 months ago. I am just wondering how it will affect me if my co-signer files bankruptcy.
The car is in my name and she is the co-signer. So with all this new stuff I know does this mean they can come take my car too? Even though I make the payments .

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