trying to buy a used cars, we starting to fiances a automobile price $10,275 , My usually income is a ssi? What do we need to move to a play a minute of my income? My son work he usually eighteen with no credit can he be my co-signer?
trying to buy a used cars, we starting to fiances a automobile price $10,275 , My usually income is a ssi? What do we ne?
3 Responses to “trying to buy a used cars, we starting to fiances a automobile price $10,275 , My usually income is a ssi? What do we ne?”
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Your chances do not sound good. A co-signer must have good credit and enough collateral to cover the loan. Not likely your son will be accepted as co-signer.
You may need to lower your expectations some and look for a vehicle that you can pay for with cash.
If you have good credit, they will not ask for poof of income. With your son having no credit, it will not help.
So it really depends on your credit but no matter what, your son will not be of any help.
You are looking for a vehicle that is too expensive.
I remember answering for someone who asked yesterday about how the “bailout” will help those on SSI. I remember stating that those on SSI should really not be buying something they can not afford.
You would apply in this case as well.