Can I have more than one car loan?

I'm considering buying a second car, but I'll need another loan to get it. Is it possible to have more than one car loan?

Answer provided by
Johnny Puckett
Answered on Mar 12, 2021
Yes, the good news is it is possible to have two car loans at the same time. It is even possible to get two loans at the same time, though this usually requires an above-average credit score to get a decent interest rate.

Did this answer help you?

Ask us a question by email and we will respond within a few days.

Have a different question?

You can meet us at our office and discuss the details of your question.

Easiest way to compare and buy car insurance

No long forms
No spam or unwanted phone calls
Quotes from top insurance companies