I have a quick question. I am in need of a student loan to pay for school and other necessities. I am also in need of a car loan? I am wondering what should i apply for first? A student loan or a car loan? If i get a car loan will that effect my process of getting a student loan? Or is it the other way around having a student loan when applying for a car loan? Any thought would help. Thank you for your time and ideas.
Would having a student loan affect me getting a car loan?
You should be okay either way, unless you do not pay on the loans. I owed a lot on credit cards but made my payments as promised, it did nothing to my student loans. Plus, I didn't have bad history with other student loans. You should be okay.
I've had good luck here...
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All the best to you.
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Reply:Does your college offer financial advice? Personally, I would think car loan first, since school loans are government underwritten, but that is just a guess... One thing I DO know... the people on yahoo answers offering loans are 100% SCAMS... not a single one is legitimate... If you're even tempted to try one... check out the fact their answer accounts tend to be only a few days old, they have yahoo, hotmail, gmail for their email... (Why would a REAL company use a free mail account???) and NONE of them offer a link to a secure website.... Give them your infomration and you're subject to identity theft AND they want "fees" paid up front to secure a "loan" through them...
Good luck!
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