How To Finance (And Get Approved) A Scat Pack/Hellcat At A Young Age With No Credit!!!!!

in this video I will be explaining the steps to get approved for a scat pack or hellcat with very little to no credit so make sure y’all tap in also subscribe to my channel to follow the build for my scat pack I promise it’s going to be super top level and y’all don’t want to miss out.

Oh youtube it’s your boy alex yes yes yes it is another video man it’s a gorgeous day out here in las vegas man let’s go get my hair cut and a lot of people have been asking me a lot as a lately you know how do you how do you afford a scat pack how do you get a scat pack at such a young age for those y’all that don’t know i am 23 and honestly it’s not as difficult

As a lot of y’all might think it is and i’m actually on my way to go get a haircut so come with me let’s go for a ride but real quick before we do that for those of y’all that are new to the channel make sure that you hit that subscribe button give this video a fat thumbs up and hit that post notification bell so you don’t miss nothing but let me get y’all with

A cold start real quick before we do anything oh yeah all right so yeah so i ain’t gonna lie i’m happy that i did that mcmuffin delete man shout out to my boy monona hill cat make sure that y’all go subscribe to his channel man but um let’s get straight to it man so like i said a lot of people a lot of people ask me and it really does honestly surprise me

Because it’s like a lot of people really don’t know about their credit and all of that and honestly i think a lot of people should know i feel like this is something that they they should teach people in school you know what i mean i think the credit you know business credit and you know investing i think this is all something that they should teach us in school

And don’t get me wrong i’m not a conspiracy theorist or nothing like that but i feel like they don’t teach us for a reason i feel like they don’t teach us for a reason i feel like it’s kind of to get you into this trap you know you get out of high school you get your first credit card you run the limit up and before you know it your credit is is pretty much like

Screwed you know what i’m saying before you know you’re really old enough to even do anything so when you go to get your first car or whatever you don’t really know you know how it works and then you know the dealer hits you with oh you know you got bad credit or you know your credit isn’t good enough or whatever the case is so step number one make sure you get

Your credit in order guys so honestly the first step that you should do in my honest opinion um if you don’t have and i’m speaking for people that don’t have a co-signer i’m speaking for people that don’t have a lot of money to put down because here’s the thing i feel like it’s not even like the bank won’t approve you it’s just the money down really like you

Know you might go okay like you might walk into the dealer and say hey i want to buy a scam pack they’re going to say okay well what’s your credit like all right well i’ve never financed nothing before and then that’s when they’re going to ask you what are you working with for a down payment and that is where you may run into some difficulties at because if

You’re if you think of it like this it’s like if i’m loaning you money and you don’t have a history of paying anybody back i’m not going to be so quick to throw you any money unless i know for a fact that you’re serious so if i’m for example the scat pack we could say about 50 000 right give or take 45 to 50 50 grand now let’s just say that you’ve never had a

History of paying anybody back and don’t get me wrong it doesn’t mean you can’t do it but you’re not i’m not going to trust you with this big amount of money and you don’t have a a track record you know what i’m saying so unless you come to me with 15 20 25 down i ain’t giving you i’m just keeping it pure for i’m just giving you that pure for for those y’all

That really want to know and i would rather you get it from me than for you to go into the dealer because there’s nothing worse than going in there with like high sights of wanting something and high sides of thinking that you’re gonna get something because that’s honestly how they get you like you know you walk in and they make it seem all good like it’s gonna

See also  Expat Financial Advice & Services: How To Find Good UK Expat Financial Advice? (Spain, France, USA)

Happen and that you’re gonna get the car or whatever the case is and then before you know it oh you need a co-signer oh you need this oh you need that bro the hurts i’m not gonna lie i feel like i feel like everybody been there a lot of people might not admit to it but everybody’s been there and you know that’s the purpose of this video because i want you to

Have a knowledge before you go in there so that way you don’t run into any issues so let’s say that you’ve never financed a car before if you’ve never financed a car before there’s nothing wrong with that everybody got to start somewhere so in all honesty if i were you what i would honestly do i would go ahead get like a honda accord like a 2017 honda accord honda

Civic something that’s around 15 grand or under go to a credit union you don’t have to put any money down you’ll get a pretty good interest rate for your first car honestly and i know a lot of people might not want to hear that you know but the reality of it is if you’re doing this on your own you know you need to you got to start somewhere you can’t just i i

Would be a a liar to just tell you oh you could jump straight into a sky pack zero money down a thousand bucks down two thousand bucks down and if you and if you are fortunate enough to get approved for something like that then your interest rate is going to be crazy as i’m just being honest with you i’m just being honest with y’all so bite the bullet bite the

Bullet get you a honda accord might not be the prettiest might not be the fastest or whatever the case is but guess what is yours and you did it on your own you know what i’m saying and nobody can take that from you and you will have now you’re starting to establish credit history that’s what we want we want credit history right we want credit history so this is

This is that would be the first step i would take i would find a car that’s 15 000 or less 15 to 20 grand okay pay on that thing for i i would say nine to 12 months you might be lucky and get out of it in nine months i know for a fact in a year you’ll be able to get out of it and get what you really want because now you’re gonna go into that dealer you’re gonna say

Hey look i financed the car i made all on time payments for nine months to a year i want this or i want that and then the bank is gonna look at it and then you know they’re gonna say okay he’s got a track record of making payments on time or whatever the case is and it doesn’t have to you could very much pay on it longer you don’t even have to really trade the

Car in depending on what your debt to income is like you know i’m just kind of giving you guys pointers on you know what your next move should be you know and with all of that being said financing something smaller first is always the best way to go because if you do get into something like this like i just said a few minutes ago if you get into something like

This like on your first go around in all honesty that interest rate is going to be high and and you don’t want that you don’t want that so yeah you get you like a 15 20 000 car boom once you do that take my word for it it’s a key a key step if you don’t have any credit or if you got bad credit at all this is like a like a cheat code you know what i’m saying

Like so once you get your card okay you got your 15 000 card like if you are fortunate enough to go through a credit union and it doesn’t have to be a credit union but let’s say for example it is a credit union a big radar on the side of me y’all see you y’all see you looking for roaches but um let’s say you guys go through a credit union or it doesn’t have to be

A credit union but let’s say you do ask them do they have a secured credit card for you i promise you a secured credit card is going to be a game changer and if you are not with the credit union i suggest that you get with one okay but if you don’t have one or if you’re not with one or if oh alex i like the bank i’m with already that’s cool that’s perfectly fine

See also  How to Seller Finance on Multi Family Deals (NO Money Down?) | Mentorship Monday

Okay so with that being said i honestly recommend um like a secured car like open sky and what a secure car basically does basically your deposit is your credit limit so let’s say i give them a deposit of 500 bucks right that’s going to be your credit limit and you never go past 30 percent of that i promise you if you get that the same month that you get that you

Financial 15 to 20 000 car in nine months of on-time payments with your car your your open sky card i promise you for those of you that have maybe damage credit or no credit at all you will see the biggest results i promise you like take my word for it like i’m so confident in that honestly like and i it’s just it’s just a major thing that a lot of people don’t

Do and don’t get me wrong like there’s nothing wrong with it but in all honesty yeah don’t get me wrong in all honesty it’s a game changer because just now you have credit history you’ve been making credit card payments on time making car payments on time and that’s what these banks want to see when they’re lending out money i’ll be honest in this pandemic the

Banks have been stingy with money and a lot of dealers that’ll keep it pure with you they will tell you like i’ll be honest like i’ve seen so many people that will come through with 700 plus credit scores get denied just because the banks are superstitious with money because it is pandemic they don’t want to potentially take any more losses so honestly like you

Get your 15 20 000 card you get you a secured credit card and after about six to nine months on that secure credit card now you can start getting cards that aren’t secured with super super high limits you know i mean be responsible though be responsible if you’re going to go ahead and get these cards with all of these high limits make sure that you are being

Responsible keep that utilization no higher than 30 i mean me honestly i try and pay everything off as much as i can but i mean it’s nothing wrong with carrying a balance over just as long as that balance is at or below 30 if your balance is at or below 30 percent i promise y’all you cannot go wrong i promise y’all so those are honestly the key steps that’s what

I did i went through i got a uh i got a honda accord i’m not even gonna say before that before that i have went through my credit union financed the mercedes paid on that for like 10 or 11 months and then right after that i that car ended up getting total unfortunately uh some some just got a state class of five but it got totaled and i went and got a honda right

After the insurance so all of that did their thing and why did you i had my open i got my secured credit card around the same time that i have financed the mercedes so let’s say that i got my secured card in like april because i think that’s when i got it i got the mercedes and the secure car in about april okay then i went and got the honda which was around

The same price about 17 18 000 in october right and here it is february and i’m in the sky you know what i’m saying like and all through all of this time i’ve been making sure that you know my payments were all made on time my credit utilization is at or below 30 i’ve been able to get approved for unsecured credit cards i mean it just makes all the world of a

Difference and not only that you shouldn’t be doing this just for just to get a car i mean don’t get me wrong i mean if that’s what you want that’s what you want live your life but i mean it’s just the quality of life and i mean credit is honestly everything so in all honesty man that’s all it really takes it’s not a bunch of rocket science to get a car like this

And honestly i could have taken it a step higher um but i actually had a vision for the scat which is why i went with it i mean it was a better buy i got a super good deal on it that i couldn’t really pass up um and i mean the market for the hellcast right now just wasn’t in my favor you know there was a point of time where it was and maybe i should have jumped

See also  Why Beautycon chose Cardi B to speak about financial literacy

On it then but i didn’t but it is what it is i mean the month the i mean excuse me the the year is still early so it is what it is we don’t know what could happen so with all that being said man that’s that’s literally the key if you’re brand new with your credit or you have damage credit follow those steps if you guys have any questions you guys feel free to

Dm me message me i’m not a credit repair person i mean i i do know my stuff when it comes down to it i’ve studied it uh because at this point of time i mean my credit wasn’t the best i mean and it’s still it’s not where i wanted to be you know i’m trying to be in that 800 club uh by this summer but i mean i’m comfortable with it right now and it’ll only go up

From here so i’ll say all it had to say man take care of your credit make sure that your credit is where it wants to be um i honestly think the minimum credit score to lease is anywhere between at least one of these is between a 630 and a 680 um which is very achievable and you can get that really really quick so yeah man with all that being said i mean that’s

All i really did to to get this car i’m 23. um i’m not rich you know what i’m saying like i i’m not broke either but i’m not rich i didn’t go in and drop straight cash on this joint as bad as i wish i could have i didn’t you know that’s just the reality of it because i ain’t got that you know what i’m saying i’m gonna keep it a bug everybody ain’t gonna keep it

A bug i’m not about to just walk in and drop 50 stacks on a car like but you know what i mean the credit was where it needed to be at and you feel good about it you know you feel good knowing like hey i walked in a dealer i did that you said my name i didn’t need a co-signer i didn’t need help now if there’s anybody out there that has a co-signer you guys are very

Lucky and fortunate you know and i’m not even going to say that i didn’t have one but it’s just it just feels good knowing that you did it on your own and nobody will be able to take that from you you know what i’m saying you got to scout on your own you got a hellcat on your own even if it’s an rt or a v6 you know what i’m saying like you did it on your own and

Ultimately that’s really all that matters so about to go in here y’all get my hair cut it’s been an absolute pleasure for those of y’all that are new to the campaign that are new watching this video for the first time make sure that you guys hit that subscribe button i would greatly appreciate it we’re slowly but surely growing and there’s nothing wrong with that

There’s nothing wrong with that at all and i appreciate the few that are rocking with me i really do greatly appreciate it you know i spread nothing but love positivity prosperity you know what i’m saying humility and i just want to spread that amongst anybody that subscribes to this channel so i’m gonna always keep it pure withdrawal i always keep it a bug i’m

Always keeping a hundred i ain’t going really sugar culture for nobody you know what i’m saying and that’s how i expect everybody to be with me so like i said if that’s you join the family subscribe to the channel give this video a fat like fat thumbs up you know what i’m saying like turn on that post notification bill so that way if i do drop any other videos

Uh that involve this subject or you just want some quick knowledge just a quick info or whatever the case may be you know what i’m saying if that is you hit that thumbs up hit that like and subscribe button and when all of that being said i’m about to go in here and get my hair cut because i look like a werewolf right now i’m in dire need of a haircut and i’ll

Holla at y’all later man it’s your boy alex and i’m out of here i’m in my bag now in my bag now you know that i came back down i came down yeah i need that cash now need that cash now

Transcribed from video
How To Finance (And Get Approved) A Scat Pack/Hellcat At A Young Age With No Credit!!!!! By dreamteamalex