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 chloejoanna
Joined: 20 May 2008
Posts: 37
16.05 Dollars($)
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 Posted: Thu Jul 31, 2008 6:04 am Post subject: Can a student get a loan other than their student loan. |
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| I have been thinking about buying a car but dont have enough put aside to make this purchase although my income means i can afford monthly repayments on a 1500-2000 (GBP) loan over the next 18 months however i have heard that a student even with a secure part time income will not be granted loans from the bank. Is this true or does anyone know of a situation where this is possible. Thanks in advance for any advice. |
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sweeney
Community Experts
Joined: 20 Jul 2008
Posts: 131
25.11 Dollars($)
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| Posted: Thu Jul 31, 2008 6:18 pm Post subject: |
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That's not true. You can have other loans, just depends on the bank.
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Mike Sweeney
LionSaves.com - refinance debt
views expressed on this forum are my opinion as a mortgage professional, not legal advice |
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chloejoanna
Joined: 20 May 2008
Posts: 37
16.05 Dollars($)
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| Posted: Mon Aug 04, 2008 7:06 am Post subject: |
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thanks! I'm guessing its best to shop around then, as the bank i have my student account with turned me down on the basis of a student not being a stable income.
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http://www.ezylet.co.uk/ the property rental network. |
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cobylucas
Joined: 28 Jun 2008
Posts: 5
Location: New York
2.72 Dollars($)
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| Posted: Fri Aug 15, 2008 4:22 pm Post subject: |
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As long as you can prove your income and have a decent credit score it should not matter and you will get the auto loan.
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The Mortgage Magic System
Mortgage Advice |
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