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View Full Version : How to acquire a loan with no prior revolving credit?


roxy417
Mar 4, 2010, 03:47 PM
I have a credit score of 725 but I don't have any revolving credit and it is preventing me from gaining a car loan. Any advice?

cdad
Mar 4, 2010, 05:23 PM
That really shouldn't matter except that they seem to be looking for "history" to assist in giving you the loan. Have you tried other loan companies?

Fr_Chuck
Mar 4, 2010, 08:23 PM
Try another car loan place, another bank, and esp credit unions. With a good credit score, that should not be a issue with most lenders