urbaninja54 asked:


I’d like to get a loan for say, $35k, or even better; a blank check. Capital One I know does blank checks, but I’m not sure if they take people with no credit history. I have no credit history and I’m wondering if I can get a loan this way and what the interest rates will be like. Anyone know? I don’t have BAD credit FYI, just NO credit whatsoever. I can get a cosigner, but I was also curious if a cosigner can “lessen” the amount of credit that is built on my behalf during the payment period of the car.

Elsie

LocarbHotrod asked:


Hey everyone. I have Good credit, and I am planning on getting an auto loan soon. I want to have my mother whose credit is so-so co-sign. The reason for this is to have her name on the title of the car so I can get insurance in her name. Will this affect the interest rate etc. etc. Some people are saying that if the Title is in my name, the insurance also has to be in my name. Then some are saying that they got insurance in someone elses name even though its there name on the Title and bank loan… Sorry for all the extra details I should say that I live in the state of Michigan. Also she has a Pontiac G6 lease in her name, but she got denied for an $18,000 auto loan recently. I assumed she has bad credit, I’m now questioning that assumption.

Luis