Do I need a co-signer to get a car loan if I have no or low credit?

Do you need a co-signer for a car loan with low or no credit?

Not always—but having a co-signer with good credit can: 

✅ Boost your chances of approval 

✅ Help you get a lower interest rate

A co-signer basically guarantees the loan, so if you miss payments, they’re responsible too. It’s a big ask, so make sure both of you understand the commitment.

If you don’t qualify solo, a trusted co-signer can make a big difference!