What does my co signer need to have? - Mustang Evolution

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Old 12-22-2011, 01:15 AM   #1
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What does my co signer need to have?

I am 18 yrs old and I'm am trying to buy a used Ford fusion but need a co signer I'm hitting a lot of road blocks in getting the right one either. I was told they have to live with me is this true? And also what would my co signer need to bring to the dealership besides there drivers license? I'm getting frustrated cause instead of getting a 2006 mustang and being a typical dumb teen I'm trying the get the nice fuel efficent non muscle car and every one either has bad credit or doesn't live with me so please any help would be awesome
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Old 12-22-2011, 01:37 AM   #2
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What does my co signer need to have?

If they can prove that they have the financial backing in the event you fail to make payments, Payments will be taken from them. They need proof of identity, proof of income and proof of address. Also credit checks are likely to occur.
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Old 12-22-2011, 02:34 AM   #3
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What does my co signer need to have?

Your co signer does not need to live with you. Need to bring a pay stub from their job and license. The car dealership will need to check their credit history in order for them to co sign.
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Old 12-22-2011, 02:41 AM   #4
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What does my co signer need to have?

WRONG CATEGORY - this section is related to "University/College-related" Financial Aid questions, and not auto loan related ones.
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