When you are thinking of getting a car loans without cosigner from a car loan company make sure that you have a good credit score. It is said that only a person with good credit score can apply for a car loan that requires no cosigner. But for people with low or bad credit score it becomes very difficult and sometimes impossible for them to get a car loan without the cosigner. The lending company does not find the person with bad credit very secured who would repay back the amount on time. That is why it becomes difficult to get an approval without a guarantor or a cosigner who will sign in for you in case you fail to pay your dues on time.
When you are trying to get a car loan without a cosigner and a low credit score then it would be a good idea to contact the auto loan private seller. Generally the private car sellers give out these car loans that would require no cosigner. But the tenure of the loan will be very short. You may need to pay off the loan within three years. Failure to the repayment would lead to dire consequences like seizure of your car. So it is always advisable that you make sure that you have the ability to repay the loan on time in order to avoid any hassle further down the line. You can also try getting a auto loan for private seller.