Originally Posted by jpritche

I am 20 also. I was blessed enough that my car is paid off, thanks to my father.

However, if I was in your shoes, and could put $1k a month in the bank, I would continue to do so until you have at least $20k saved up, then see if you can get approved for an 8k loan. If they say yes, you have 6k of emergency money that you can put in a savings account in case something happens. If they say no, you can more than likely get approved for a 2k loan(or however much else you need). I like to look into the future and plan for what Ifs.

Obviously, it all boils down to what you want to do. It is your money and your life. However, if I was in your situation I would wait a little longer and save up more money.