Most people think that without
credit history a person cannot get a car loan. This statement holds true for a
lot of companies which do not give car
loans to people with a bad credit score. No doubt that having a good credit
score is important to avail a car loan,
but a person can still get the loan if he does not have a credit history. When
a person does not have credit history, the best thing for him to do is to get a
pre-approved car loan. High rates of interest are the major disadvantage a
person faces in this case.
The following steps can help a
person get an affordable car loan without credit history -