The reason we tried to get both the husband and wife's signatures was to decrease the debt to income ratio. If you make $3,500 per month and have a HOUSEHOLD debt of $2,900, the additional income of a spouse ($3,000) will give you enough room for the bank to finance you in a good loan at a good rate. The same is true for young people that require a co-signer.

So, it is in your best interests and the dealerships best interests to have two people on the loan.

For the best loan and the least amount of hassle, become a member of a credit union and get a pre-approved loan amount. It will give you leverage in three ways...

First, you don't have to give all of your personal information to a salesman, when you are interested in a car on the lot.

Second, you know exactly what your maximum payment per month will be before you enter the dealership.

Third, credit unions have the best rates.

If you are interested I can give some negotiating tips for women.