Get Approved With No Credit

no credit

If you don’t have a credit history, you might think that you can’t get a car loan.  This isn’t necessarily true.  If you lack a lack a credit history or have no credit, there are still  a number of options available to you when purchasing a vehicle.

First, you can make yourself a better candidate by opening a checking and savings account which can show a lender that you are responsible with money when you maintain a balance.  You can apply for a credit card which reports to a credit bureau.  If you use the card and pay it off monthly this can show a lender that you are able to manage credit and will also begin your credit history.  You can keep a steady employment and residence.  If you move around a lot, lenders are likely to think that you are not stable.

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