Ask Experts Questions for FREE Help !
Ask
    Twinkij's Avatar
    Twinkij Posts: 1, Reputation: 1
    New Member
     
    #1

    Apr 22, 2008, 02:43 PM
    Car loan
    I'm disabled and on a fixed income, How can I get a loan for a car ?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #2

    Apr 22, 2008, 03:20 PM
    First do you have enough income to pay for a car loan? Do you have any money saved up for a down paymnet on a car, or a old car to trade in?

    Loans are based on ability to pay the loan back, so ifyou can show you have enough income to pay for the car there should be no problem, if you don't have enough income to pay for one, it is doubtful anyone but a "buy/here pay/here" place would sell you a car on payments

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Should I get a 401 K loan or Home Equity loan [ 4 Answers ]

I owe about $ 25,000 on various credit cards with interest ranging from 17 % to 30 %. I am barely able to make the minimum payments. In addition, I owe $14,000 ($ 500 a month) on the car with 7 % and 3 years to go. Because I have bad credit, I was able to get one bank to offer me a Home Equity...

401K Loan vs. Home Equity Loan [ 3 Answers ]

I need $50,000 for a kitchen remodel. I can get a 401K loan 5 yr term 9.25 interest - total payments add up to 62,000 or so with a monthly payment of roughly $1,050. That payment is is tough on my current budget so I was considering a Home Equity Loan with a longer term. I know there are a...

401k loan and pulling momey out of a 401k to pay the loan off [ 2 Answers ]

I have just turned 591/2 and have a 5,000 dollar loan from my 401k... can I withdraw monies to pay this loan off... and how much will I be taxed if I do? Mickey Huddleston


View more questions Search