are there ways to get auto loans with no credit when you’re in the army?

Question by ryan: are there ways to get auto loans with no credit when you’re in the army?
short and sweet… i’m about to be in the army (still in DEP) and me and my wife only have one car but we believe we will need another car once i’m in the army. i literally have no credit history (nobody will give me credit cards or a loan) and i’m wondering how i can get an auto loan once i’m in. does the army have their own bank that can assist with this? or could the army’s finance dept. help?

Best answer:

Answer by kckid2
Being in the military helps a lot. That’s because when you get behind and someone complains to your commanding officer, they make you do 4 million push-ups.

Thus lenders may be inclined to lend to you because they assume you don’t want to die young. Having your spouse sign also helps if she has established credit.

It will be easier than for the average guy, but without any history, you may have to look at several sources. It’s not a slam dunk.

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