I turned 18 today the 11th. I have no credit but a debit card that has always had money available and never spent what I did not have. I have had my job for about 5 months and it is very steady. I make about 400 a month during school. I live at home and have no other bills.
What do you think would be my better option or a larger possibility to happen? I would rather get a loan from the bank and get 3-500 extra to finish my system and buy from a private party.
130 would be for car insurance and the rest would be to pay back the loan.
I am looking at getting a loan of 3-4k or finance a car 3-5k ( all depending on payments)
Has anyone ever got a bank loan at this age with no credit? or financed a car.