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Self employed

jake_salmons
Posts: 1 Newbie
in Loans
Hi I would like to buy a new car yet I am self employed and still living at home. I am 22 the loans I have looked at have all said I'm no.
How do I get a loan, i have no credit history. help
jake
How do I get a loan, i have no credit history. help
jake
0
Comments
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You don't.
With no credit history, and a string of declines, it's time to start saving.
Don't worry, saving is just like a loan, only in reverse and cheaper.0 -
jake_salmons wrote: »Hi I would like to buy a new car yet I am self employed and still living at home. I am 22 the loans I have looked at have all said I'm no.
How do I get a loan, i have no credit history. help
jake
As living at home is generally cheaper than going it alone with renting or mortgage, you should have plenty of opportunity to save. As the previous poster has said, it's a reverse loan. Put money away weekly and after a period of time, you have enough to buy a car. Win Win.
IlonaI love skip diving.0
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