I’m looking to take out a student car loan, I’m 18 years old, and I’m a senior in high school.
I’ve been looking into the details on these kinds of loans, but I have one more question for somebody who’s got experience in this….
My question is:
When do you actually start to make payments to pay back the loan? Is it after you graduate? Or just instantly? And do you need a down payment?
I’m pretty new to the process, so if someone has kind of an overview experience, that’d be awesome.
Thanks in advance : )