Can you get a college car loan?

Can a college student get a car loan?

  • Answer:

    Yes, provided they fill the criteria for the loan. Additional info: Anyone over the age of 18, with a good credit history and a job can get a car loan, if the lender feels their income is sufficient to pay the monthly payments, as well as their other monthly expenses. Just being a college student in itself would not be a disqualifying factor in being approved for the loan. In some cases though, the bank may require a co-signer on the loan, which means the co-signer will be responsible for the payments if the borrower defaults on the loan.

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