answersLogoWhite

0


Best Answer

I,ve been told that typically if your just starting out with credit, for an installment loan, most lenders would like to see at least 1 yr to 1 yr and 6 mths solid credit history

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What credit history is needed to finance a new car?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can you finance a car with no credit?

its very difficult to finance car with no credit if you have some bad credit then you have chance to get car finance.


Can I get finance from Toyota with bad credit?

Hi i think you will struggle to buy from a main dealer if you have bad credit, i had bad credit and needed a newer car, i ended up buying a newer car from rightdrive as they offered me car finance even though i had tried almost every where else.


How do you get a car loan and finance a car with limited credit and no cosigner and no down payment?

Hi I used to work in Creditplus car finance last year. They are guaranteed car finance even if you got bad credit history and their car loans were low rates. I think their web site is http://www.creditplus.co.uk Wish my answer will help. Thanks


You have finance on a car so can you get another one with the same finance?

You can get another car financed with the same company if they will extend you credit. If you have your loan paid down and a good credit history with them, they will more than likely lend you more money.


Does your credit have to be good to be financed for a car?

No, you do not have to have good credit to finance a car. There are many companies out there for those with bad credit.


You have bad credit and desperately need a newer car where can you get guaranteed car finance?

simple www.RIGHTDRIVE.co.uk - Guaranteed car finance


Can you finance a used car with no credit?

Definitely you can finance a used car with no or bad credit. Actually it is very easy these days. The reason is most of the used car dealers and used car finance offer it because your used car is a collateral until you pay off the loan.


How do you finance a car with bad credit?

Sometimes you can still finance a car from a dealer with poor credit but with a higher interest rate. There are also independent car lots that will finance a car for you. The only drawbacks from an independent car lot is they usually charge more interest and down payment.


Where can one get a bad credit car loan?

If you have bad credit, there are still many places where you might acquire a car loan. These include sites such as Bad Car Credit, Fowlers Finance and Right Drive. Comparison site Money Supermarket also allows people who have been refused credit or with bad credit history to find car finance products, such as loans and has a search feature tailored to this purpose. Furthermore, it may be worth contacting a financial advisor at your bank to realise how you might improve your credit.


What companies may approve car finance for people with bad credit?

Even with bad credit, a person can still get their car financed. One way is by going to your local Chevy dealer. With a little information and job history, they can have a car for you before you walk out the door.


What will the finance company do if they cannot locate THE car?

It will go on your credit,


How do you know if your credit level is good enough to buy a car?

You can check to see if your credit is good enough to buy a car by filling an application. There are many car dealers and finance companies that will finance your purchase regardless of your credit score so everyone can buy a new car.