buying car w/o social

T

TheInquisitor

Registered Users (C)
i am waiting for ead and have no social yet. but i do have an id and could get license. my mother will co-sign for me. will my itin be good enough? will this be for credit? let's face it, they have to repo the car before i get ead, future vendors will know about it. and once i get ead, i will update records.

have anyone here bought anything before getting ead and have that be on their fico score?
 
There are banks that will give you a loan w/o SSN. You'll pay more interest but they will give you a loan. Illegals get loans all the time like this.
 
I assume that you're hoping to get a car loan to buy a car, yet you don't have a SSN?

Dream on (unless you're willing to get raped by an extremely high APR).
 
it might be off topic. but it deals with our issues. more than one person have posted things about getting credit. about getting a social w/o ead. or an ead w/o a social. you know.

and not sure, but does every f1, j1, hb1 and others get a social right away? maybe they need a car right away and can't wait for a social. usually you need ead before getting social. so those who want a car have to wait or can buy one? people can learn.

and btw, i am not an illegal. since i am adjusting my status, i am have legal status. don't belive me? call immigration and they will tell you that. and my mother is a US citizen and put in for me. it will be her credit that i will be using. i don't have 5k to buy a car outright. so i most borrow. and the interests will be hight, but i will pay off the in one year anyway. perhaps might just have my mother buy the car and i pay for it and then i put it under my name.

so if people tell their stories, all of us will learn. maybe some wouldn't lend you a penny w/o a social. others lent 20k with less than what i already have. the forum isn't just about filling out an I-130 you know.
 
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If you're interested in my story:

I came here on a H1B (already had a social security number from 10 years before when I worked here for 3 months on a J-1), worked for a six months, saved up a couple of grand and bought a 10 year old car (a Honda, so it was a decent vehicle, just old) that lasted me for 4 years before I had built up enough credit to be able to buy a new car and get a 2.9% APR loan. At no point early on did I ever imagine getting a loan was an option because I had zero credit rating.
 
i am not buying a Buick Lucerne or Cadillac SRX. Nor am i going to borrow 20k. nor am i just buying it myself (mom has credit close to 700). Nor looking for 2.9 % it will be a 4k-7k car. and my income will only go up and my mother will be able to get a better job since she won't have to worry about picking me up. so this time next year i will pay off the car.

so have anyone here with just an ead bought a car? did the dealership give you trouble? i read before here that even those with a social have to wait like a couple of weeks before the number goes into the system.

i know i will get a huge rate. but can i at least buy the car? will have a license. just asking for ideas and experiences. thank you btw.
 
TheInquisitor said:
i am waiting for ead and have no social yet. but i do have an id and could get license. my mother will co-sign for me. will my itin be good enough? will this be for credit? let's face it, they have to repo the car before i get ead, future vendors will know about it. and once i get ead, i will update records.

have anyone here bought anything before getting ead and have that be on their fico score?
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ONLY OUT OF PURe MORBID CURIOSITY DID I EVEN BOTHER TO READ ANOTHER ONE OF YOUR POINTLESS SPEWING POSTS, regretfully having read it I see that it is another one of your ignorant attempts to make an obvious invalid point or statement.

ITIN Is only an id for the IRS, I hope your arse gets arrested and deported trying to defraud financial institutions and manipulate a system set in place for honest people. using ITIN Fraudulently is a criminal offense of Course you have made it clear that you have no respect for the justice and laws set in place in this country, ItIN is not Employment authorization and does not grant you ANY priviliage that a SS# would.

Your mother should not co sign for you. She should however, enroll you in an ethics class, as well as a class that teaches you more tactful sensible conversation skills,
TheInquisitor said:
and btw, i am not an illegal. since i am adjusting my status,
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AND BTW IF YOU ENTER THE COUNTRY ILLEGALLY (I am not saying you did, but you seem to advocate it)AS FAR AS LEGAL IMMIGRANTS AND AMERICANS ARE CONCERNED YOU ARE AN ILLEGAL CRIMINAL UNTIL ( GOD FORBID) YOU HAVE GC in HAND!

I will Now add you back to my ignore list and learn from my foolish mistake NOT to read any of your ignorant pointless spewing!

ONE OTHER IMPORTANT NOTE
if you are tired of reading TheInquisitor confrontational insulting meaningless spewing.

EVERYONE GO TO USER CP section of the forum click on Buddy/ignore list
ADD TheInquisitor THE IGNORANT CONFRONTATIONAL NINNY to your ignore list
if you are tired of reading his insulting meaningless spewing.
All his posts are pointless ingnorant, insulting, & spewing foolish nonsense.

Ignore him and do not entertain his random act of lunacy or even his existance for that matter.
 
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AND BTW IF YOU ENTER THE COUNTRY ILLEGALLY (I am not saying you did, but you seem to advocate it)AS FAR AS LEGAL IMMIGRANTS AND AMERICANS ARE CONCERNED YOU ARE AN ILLEGAL CRIMINAL UNTIL ( GOD FORBID) YOU HAVE GC in HAND!
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immigration says i have legal status. if there is a raid, they will keep me here.

as for the itin, people use it all the time for other things. there are people who are here legally that can't get a social, so they get an itin. and they open bank accounts with that number and do other things. they are using it for other things too.

i am glad to say this so it could kill you, but it is just a matter of time before i get a green card. who knows, might get one before you. and then i will become a citizen. will vote and do jury duty. and if you ever go on trial and we are in the same city, i might decide if you go to jail or not. i will be one of your peers. and the same goes for most of illegals.

all of us know the hurdles the process has. i should gotten a green card years ago. and had that been the case, i would have been in a better financial shape to buy a better car. this in turn is better for the economy. i have no savings, so must start saving. and because i started soo late, i am more likely to depend on social security when i grow old.

it has become clear to all that i care more about the people here than you ever will. even this thread will teach people a thing or two about buying and selling things. who knows, maybe a person that thinks they can't buy a car might if they follow what i did. maybe they will get a friend that has a high fico score and buy a car. we all have to start from zero and somewhere.

will let everyone know how it turns out. and in turn, hope it helps you.
 
Inquis,

There was a Buisness Week issue a while ago, maybe 6-9 months ago, that had a cover story on illegals and financial companies working with them despite SSNs or credit histories. Look it up. The gist of the artilce was that every major bank, now gives loans to people without SSNs, including mortgages.

You're missing the point though about the EAD or SSN. What matters is your credit history. That will still be blank the day after you get your SSN and/or EAD. You will have to use alternative means to getting a loan.

I am further confused by the twist with your mother. If she has a FICO of 700, why not just get her as a co-signer for you? Then you'll be OK.
 
she will co-sign. otherwise i shouldn't even look at the car. the same for insurance. have a friend who has his own insurance company. working with him and he saiys that usually one has to have three years of driving before getting insurance by themselves. i am looking at about $90-$120 a month.

so for those who are alone and want to buy a car, look for a cosigner and try to get under their insurance. otherwise, the best you can do is buy from 1k car on some corner and hope it won't die on you.
 
IM85U said:
I'm not sure the intent of the above post but PLEASE don't buy a car and drive illegally without insurance. You can really screw someone over that way.
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That ninny had made it clear he does not respect the laws of this country, he advocates fraud, criminal activity, and of course this fool will, in fact I would bet $$ he already has or is driving w/out liscense or insurance, has worked or currently is working illegally, it is what he represents and stands for, NOT integtrity or honesty but criminal defiance.
Its fools like that ninny that make it neccesary for myself and other LEGAL drivers to have to pay uninsured motorist premiums.

They don't care about rules or laws and will do everything possible to manupulate the sytem
 
addie, your post confirms you are nothing but a person w/o dignity or integrity. keep talking. the forum is seeing your true colors. and like i said before, start your own forum or site where you can just talk with people who are here legally. this site is for all of us. so nothing we say could be valid? and don't preach too much since many if your friends alos violated the law too. and for the record once again, i have legal status. boy you are ignorant.

as for insurance, i will get insurance. don't know if one has to buy insurance before one leaves the dealer, but you can bet that i will call my friend and have him do the paperwork. the only time i might drive w/o insurance is when i bring the car home. are you kidding me, i could lose license like for three years if i drive w/o insurance. after all the time i waited i won't do something like that. have a friend that drives one of his cars w/o insurance (he is legal) and i hate being in the car with him. and besides, my friend who has his own insurance company needs to feed his family and pay his bills. so you know i will buy it.

btw, i had the option of getting a real license from my home country and then get a international license and legally drive. but i turned that down. and while we are dealing with liceses. do you know that canadians can get a license even if they are illegal? and that they can in turn get on a plane with that license?
 
Yes, you are required to have insurance coverage before you drive the car away from the dealer.
 
well then. i will always have insurance then. i will probably pay the six months right away rather than per month.

and while we are it. i am trying to understand insurance rates. have a friend that has full coverage. she owes 9k on a car that is worth 5k. let's say she is in an accident and the car is total lost. does she get a check for 5k or 9k? i understand she gets 5k. or am i wrong? if so, what happens to the 4k? my friend the insurance agent was telling about getting gap insurance. and that it could only be bought at the dealer. have to truly seat down with him and ask all the questions, but want to have an idea.

so in general, my friend will get a check for 5k or 9k? and what happens to the other 4k? and what about a trade-in? you know how on car commercials they talk really fast at the beginning or at the end? i was hearing one about owing more that is worth and how great of a deal they could get you. and then at the end: "balance is added to the new balance." so one gets 5k and what happens to the 4k?

if one has to pay the 4k, i wil lno doubt buy that gap insurance and have it until i owe less that is worth. perhaps thsi thread shoudl be more in the "Starting and Doing Business in USA" forum, but i think it could teach all of us a thing or two so we could do better and make smarter decisions.

will let everyone know what happens.
 
TheInquisitor said:
she owes 9k on a car that is worth 5k. let's say she is in an accident and the car is total lost. does she get a check for 5k or 9k? i understand she gets 5k. or am i wrong? if so, what happens to the 4k?
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It depends on the policy, but typically insurance pays the 5k and she needs to make up the remaining 4k. Depending on your financial situation and the odds of a total loss, you either purchase gap insurance, or you self-insure that risk.
 
realcanadian, when you say "self-insure.' you mean getting it somewhere else? i was in a bit of a hurry and wanted to have all the facts. but my friend was saying that she has full-coverage and all. and if the car's value goes down, why rates don't go down either. when i was talking to my friend the insurance agent and he was quoting my prices, he wasn't telling me, "if you buy for 10k, you get this. for 5k, you get this. or if you get it for free, you will get this other price." no. he was just looking at the model and year.

thank you anyway and will keep you posted.

as for the canadian thing:

http://www.hsmv.state.fl.us/ddl/faqkeys.html#CanCit

Under federal law, Canadian citizens are non-immigrants and are allowed to stay in the U.S. without obtaining INS documentation. Canadians without INS documents must provide proof of Canadian citizenship to be issued a Florida driver license or identification card by presenting two of the following documents:



Canadian passport
Canadian driver license
Original or certified Canadian birth certificate
Canadian Naturalization Certificate

All Canadian citizens will be issued an original or renewal driver license for two calendar years from the date of issue.


If you are not a Canadian citizen and have a Canadian driver license, you are required to provide the same proof of legal presence as any other non-U.S. citizen.
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don't know how REAL ID changes that, but as of know, any canadian could get a license.
 
dr_lha said:
Yes, you are required to have insurance coverage before you drive the car away from the dealer.
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All depends on here he lives. Some states don't even require insurance at all.
 
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