Im 18 and I need to have a cosigner for a truck loan, I make more than enough money to pay for it but every bank and credit union I go to wants me to have a cosigner due to me not having credit.
Now my moms credit is very poor but my dads credit is good, but since he is having our house refinanced in 2 weeks he doesn't want to cosign for me due to the fact that the creditors will not refinance him. Is there anything else I can do? I have. $1,000 to put down
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Wait the two weeks then have him cosign..the house refinancers are assuming the worst- that you'll default and your Dad would have to carry the car loan as well..and they are right to assume this because you have no credit history
Unfortunately, as of February 2010, you have to be 21 and employed full time 12/18 months without a co-signer.