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Can I get a car loan if I'm a student at a community college?

I'm currently a student at a community college and I need a car loan to get to school and work. Will I be accepted?

avatar
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Being a student at a community college or any other higher-learning institution shouldn’t hinder your ability to get a
car loan
.
The biggest problem students run into when trying to get a car loan is having the income or credit history to get approval for the loan. But if you have decent credit and a steady income, you may be able to find a loan after you shop around for rates.
If your hunt for a car loan comes up empty, you still have a few alternatives:
  • Get a
    cosigner
    for your loan, such as a parent or other family member.
  • Save for a larger
    down payment
    , which may make you a more attractive candidate for a loan.
One thing that students are also unaware of is that you must maintain full coverage car insurance on a car loan, which can get expensive. Try using the number-one-rated car insurance app,
Jerry
, to help you find the cheapest rates. Jerry compares personalized quotes from more than 50 top providers and delivers the best deals to your phone in minutes for free. The average Jerry driver saves $879 a year on car insurance!
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WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

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