Does it sound like a stupid idea to take some alternative loan money to purchase a car to visit home every now and then (about 1 hour and 30 minutes away). I'm going into accounting with about $8,000 debt as of now and come Fall and Spring semester about $11,000 more :). I believe I'll be able to pay this back as I'm just getting my BA and will get employed in a high demand career. I have personal reasons that make visiting home extremely important.
Also, I have good credit history (I guess) it says on all the 3 credit history companies that I have 2 loans in good standing at 8,000$ and no negative feedback. What can I except to get as far as available loan availability as a Junior majoring into accounting without a cosignor and not having worked for several years. (I've never applied for a alternative loan). If they ask for a parents credit history my parents are good too. And concerning references, one line says relative not living at home, personal always contactable, and person not related thats contactable.
Can I list a relative for the 2nd one?
PS: Actually I made 400$ on my last years taxes hehe...