Bigg Dee asked:


My score is 530 I have 2 Open Auto’s both are Joint with my wife. Her score is 560. I make about 65k per year. She makes 21k per year. we have 3 kids.
O.K. in the las t2 years I have paid off 2 secured loans with 1,000 credit limit. I have 2 Automobiles I’ve had for a year on is financed for 15k the other 8k. I have never been late on any of these. In the past 2 yrs I have never been late on any bill. My family’s gross monthly income is about 5k I have about 2700 going out.

Ron

sps82 asked:


Hi,

I’m a person aged around mid-twenties, living in Canada. I want to purchase a used or second hand car ranged around at
$ 7000- $ 10,000, but my salary is only 8 per hour. Is it possible for me to get car loan from bank.
I don’t have any expenses like rent as I live at my family home neither do I have any student loan to be paid.

How much downpayment would I have to make and will there be other costs while buying a car.

Also, I wanna know how to check a credit score. I usually pay my credit card bill on time..does it mean I have a good credit score?

Please help.
Thanks

Ruben