loan - cosigner/underage

[SaxoVTR2008]

What loan companies accept under 18's when they have a co-signer? Ive looked everywhere and cant find one!

[Pieface]

Whats the loan for and what size is this loan going to be? I doubt anyone will want to give a loan out currently to someone who has no credit history and what they will think, not a steady job.

[SaxoVTR2008]

£2000, new bike! but shouldn't my mum's credit rating help me get the loan if she is the cosigner?

[Nij]

not really mate, black horse used to do it IIRC, but is your mum willing to let you mess her rating up?

[smiith]

Put the loan in your mums name if she will allow it, and set up a direct debit to her account 3 days before they take the loan money out of her account..

Thats what i did, and got a much lower rate to pay back aswell

[steviee90]

hmmm i doubt it tbh, the way banks are going just now, they arent gonna give out loans to someone your age, too high a risk, and i think banks are starting to learn from their mistakes.... 2 or 3 years ago you might of had a chance, but not now

[Rob_Furio7]

well hows about you save the hassle of getting a loan from a bank and credit rating etc etc , and i just buy your car? sorted lol