Would I qualify for a second car loan if i still have a car loan tha im still paying?

Im trying to finance a second car

Would I qualify for a second car loan if i still have a car loan tha im still paying?

As long as your debit ratio isn't too high it shouldn't be a problem. When looking into financing someone a bank will take their income and then all of their %26quot;debt%26quot; (any loans etc) and form a ratio with the numbers. As long as they think you can afford another payment they will finance you.

Would I qualify for a second car loan if i still have a car loan tha im still paying?

Depends on your credit, and income.

Would I qualify for a second car loan if i still have a car loan tha im still paying?

If your debt to income ratio is OK, most banks will do it.

That means your total of payments each month in relation to your income.

Many people have 2-3 car loans, boat, RV, snowmobile, credit card, etc loans all at the same time.

Would I qualify for a second car loan if i still have a car loan tha im still paying?

That would depend on your income, and also if you made your payments on your first car regularly on time.

Would I qualify for a second car loan if i still have a car loan tha im still paying?

That depends upon your creditworthiness. Plenty of folks have more than one car loan -- my brother has 3.

Would I qualify for a second car loan if i still have a car loan tha im still paying?

if u have a good enough credit score, u'll be able to get that 2nd car.