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Re: Speaking of Redlining....
John Kozubik wrote:
> Please do not respond on the list, as this does not need to clog it up
> further.
>
> I am 19 years old, and I make 60,000 (verifiable income) per year. I
> have a 2000 dollar down payment.
>
> NOBODY will give me a loan. Everyone tells me my credit is fine, and
> yet, I cannot get a car loan to save my life.
>
> I have so far only tried major banks and GMAC finance.
>
> If anyone has any information that could help me find a place in the
> denver area that would give me a car loan (or anywhere really - money
> can be wired from anywhere) PLEASE let me know.
>
> I am trying to get a ~35,000 car loan - so far EVERYONE has just
> straight up told me I am too young (even though I make twice what these
> people make :) )
>
Try it again with a 10,000 down payment. SHouldn't be a problem with
this kind of income.
It may help.
- Igor, who would never buy a car costing more than 1/10 of his
annual income.