Can a person get two car loans around the same time?

Question by Damon ♥ Elena: Can a person get two car loans around the same time?
My mom just bought a new car a couple weeks ago. I bought a new car a couple days ago and I needed her to co-sign for me. Will she be able to have two loans? Will her being on my loan have a negative effect on her getting her own loan on her car? I’m really new at this. It’s my first car, so please explain this to me. I’m really worried that I ruined her chances of getting financed for her car.

Best answer:


you said she already bought the car so she has the loan already

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