Do You Think I Will Get Approved For A H2??
 

Hello and thank you for looking. I am looking to lease a hummer h2 sut with gmac and wanted to know if you guys think I would get approved for it. I am 18 and currently have a credit score of 740 and just bought an apartment by myself with no co-signer. Do you think I would get approved just me alone or will I need a co-signer? Please let me know what you think, all comments are appreciated. Thank you

Re: Do You Think I Will Get Approved For A H2??
 

DENIED

Re: Do You Think I Will Get Approved For A H2??
 

LMAO!!! Welcome:D

Re: Do You Think I Will Get Approved For A H2??
 

Along with credit score, banks also look at your debt it income ratio. This is your prove-able income verses your bills that you have to pay and your cost of living. They may also consider your length of employment and years at past residence. They want to make sure that you will have no problem making your payments.

If you can afford it, I say give it a shot. Good Luck.

Re: Do You Think I Will Get Approved For A H2??
 

Re: Do You Think I Will Get Approved For A H2??
 

How did you buy an apartment?

Re: Do You Think I Will Get Approved For A H2??
 

I was 20 when I got mine. I had to have a cosigner. But I didn't experience any problems outside of that... Are you financing or leasing? I would suggest that you heavily consider the H3 if you are going to lease an H2 because you can own an H3 for almost the same payments. And personally, I wish I owned mine right now. I'm in a position where I will probably end up financing an H3, and giving up my H2.

Re: Do You Think I Will Get Approved For A H2??
 

PWNED

Re: Do You Think I Will Get Approved For A H2??
 

Probably not without a cosinger. A 740 credit score with no credit history back it up means squat. That being said i cannot imagine you having extensive credit at 18 other than perhaps your parents putting you as an authorized user on credit cards.

Re: Do You Think I Will Get Approved For A H2??
 

In all seriousness.....
There's a guy on the forum named "KenP" who helps a lot of new Hummer owners. I'm sure he'd be glad to co-sign you. Send him a PM.

Re: Do You Think I Will Get Approved For A H2??
 

Maybe...

Re: Do You Think I Will Get Approved For A H2??
 

Then Ken could take Co-Pilot and Co-Sign wheeling with him :p

Re: Do You Think I Will Get Approved For A H2??
 

Take it from me. You always want to keep a clean record.......squeeze......

Re: Do You Think I Will Get Approved For A H2??
 

can I get my orange sherbert in SOFT serve?

Re: Do You Think I Will Get Approved For A H2??
 

Re: Do You Think I Will Get Approved For A H2??
 

wow you guys are a great help..... Thanks

Re: Do You Think I Will Get Approved For A H2??
 

That was my first thought:confused:

Re: Do You Think I Will Get Approved For A H2??
 

my edumacated theory on this is--- just find out from the dealer your buying it from. Thank you and there will be no charge.;) :D

Re: Do You Think I Will Get Approved For A H2??
 

What did you expect with the little info you gave us? I hear leases were harder to qualify for than just buying. Do you have anything for a trade-in or downpayment? Just try to buy it, it's the finance managers jobs at the dealership to get you financing, if you can't get something, they'll tell you what you need to do. Worse that can happen is everybody in the dealership drops everything and starts laughing at you.

Re: Do You Think I Will Get Approved For A H2??
 

get the H3 its half the price ;) :D :D :D