By Admin on Aug 29, 2009 in Buying & Selling
numberone asked:
in 2001 my dad and i bought a car. i use the car and i pay the bill every month for it. However my name isnt listed has owner. i have bad credit however my car payment is always on time. i owe about 5000 dollars left. What can i do to change the name from my dad to mine? could i still get a co-sign. Is there any bank that would load me just 5000 dollars? i do have a stable job.
in 2001 my dad and i bought a car. i use the car and i pay the bill every month for it. However my name isnt listed has owner. i have bad credit however my car payment is always on time. i owe about 5000 dollars left. What can i do to change the name from my dad to mine? could i still get a co-sign. Is there any bank that would load me just 5000 dollars? i do have a stable job.
$5000 on a 6 year old car is do-able. You will need a co-signer and even then you amy or may not get the loan. It depends on how bad you credit is.
jimbobb1 | Aug 30, 2009 | Reply
The fact that you have made the payments doesn’t help a bit since the vehicle isn’t in your name. You’re building up your father’s credit. You can ask the bank, and see what they say. If they turn you down perhaps they would share your credit file with you and you could get some idea of what you need to do to establish better credit.
oklatom | Sep 1, 2009 | Reply
Bad credit is one of the worst problems to have… however there exists a solution.
I will hereby talk from my personal experience.
I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :
if it helps kindly remember me in your voting!.. cheers!
gabriel jones | Sep 1, 2009 | Reply