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5 Tina plans to buy her first car, but she has no credit history. The bank will give her a loan if she has a co-signer. How can Tina MOST accurately and efficiently meet their request?
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23 votes
23 votes
5

Tina plans to buy her first car, but she has no credit history. The bank will give her a loan if she has a co-signer. How can Tina MOST accurately
and efficiently meet their request?

User Rajiv Singh
by
3.0k points

2 Answers

18 votes
18 votes

Answer:

FInd a co-signer with equivalent credit score.

Step-by-step explanation:

Tina does not have credit history. She can receive the loan if she has a collateral or co-signer as base for loan. But it must meet all requests. The collateral must have the right estimation and ownership. Co-signer must have required credit score and credit history.

User Yudi
by
2.5k points
18 votes
18 votes

Answer:

Ask her mother to join a credit union with her.

Step-by-step explanation:

User Abubakkar
by
3.2k points
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