Buying a car from a dealer?
Lia Argall: This whole transaction stinks to high heaven. Your dad has bad credit, you have no credit - this is the blind leading the blind. I think you're SOL here.
Benita Nancy: There is no chance of this happening.You need a loan to buy a car. You have no credit, he has bad credit. What bank will offer you guys a loan based on that? None.IF it is your car, you need to be on the loan and all the paperwork. If dad wants to make the payments, fine. But it is your loan and your responsibility to pay for the car. You can try, but don't get your hopes up. You need to start building a credit profile for yourself so someday, you can buy a new car or a house. Get a dept store credit card, maybe one Visa, and build credit slowly. Read up on the internet on how to build your credit the smart way. In 3-4 years you'll be in a great position to buy something nice on your own....Show more
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