my friend needs a car loan but he dont got credit at all!
any way out of this? any bank that will give him a 25k loan with no credit history?
any way out of this? any bank that will give him a 25k loan with no credit history?
Registered User
There seems to be one financial institution that shows up on this site a fair bit - the Bank of Mom & Dad... 

Registered User
Try a local credit union. You'll get a much better APR.
Typically they also take into account the personal factors more so than a bank would. At least that's been my experience when working with my credit union, they certainly value the relationship.
Typically they also take into account the personal factors more so than a bank would. At least that's been my experience when working with my credit union, they certainly value the relationship.
Registered User
I can tell you, if you secure you loan, you will get an incredible rate on your loan.