Do student loans affect getting a car loan?
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Works at the International Energy Agency, Lives in Paris, France.
If you are late or delinquent on your student loan payments, your credit score can take a nosedive. ... Or you may qualify, but you may have to pay a higher interest rate, and possibly a larger down payment. Also, lenders consider your debt-to-income ratio when you apply for an auto loan.Nov 18, 2016
2023-06-18 05:39:22
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Liam Thompson
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If you are late or delinquent on your student loan payments, your credit score can take a nosedive. ... Or you may qualify, but you may have to pay a higher interest rate, and possibly a larger down payment. Also, lenders consider your debt-to-income ratio when you apply for an auto loan.Nov 18, 2016