i am now in need of a car to take to school what types of loans are available to me without a cosigner.?
Asked by John DI am a second year college student, i already completed the fasfa and i just recieved a loan for the next two upcoming semesters. i dont plan to work while in school i only work only during the summer. what are my options? thx.
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Answered by James H
Looking for a free ride... Loans for farmers works. Get a 1 year loan note. One problem here. First have to have very good credit and second most important one. When the note comes do YOU will have to pay it in full. So let's say you get $2,500.00 one year note. At 36% because not working and you are young. After one year you will have to pay in one payment the amount of $3,400.00. If you pay it off a little sooner it will be less. There no payment plans on this type of loan. Or just go ask a bank what they can do for you. Nothing most of the time.
Looking for a free ride... Loans for farmers works. Get a 1 year loan note. One problem here. First have to have very good credit and second most important one. When the note comes do YOU will have to pay it in full. So let's say you get $2,500.00 one year note. At 36% because not working and you are young. After one year you will have to pay in one payment the amount of $3,400.00. If you pay it off a little sooner it will be less. There no payment plans on this type of loan. Or just go ask a bank what they can do for you. Nothing most of the time.
