Posted on: 22nd Jan, 2007 09:03 am
Hi,
I am in need of a vehicle. I submitted a on-line application and so far I have been denied by: Triad Financial
WFS
Capitol One Auto
Long Beach Acceptance Corp.
Nuvell Financial
Now I am terrified to go into a dealership. Can anyone suggest any other Lenders that deal with bankruptcy or bad credit?
Thanks
I am in need of a vehicle. I submitted a on-line application and so far I have been denied by: Triad Financial
WFS
Capitol One Auto
Long Beach Acceptance Corp.
Nuvell Financial
Now I am terrified to go into a dealership. Can anyone suggest any other Lenders that deal with bankruptcy or bad credit?
Thanks
"Now I am terrified to go into a dealership. Can anyone suggest any other Lenders that deal with bankruptcy or bad credit?"
There are many lenders who would be willing to give you loan but then the interest rates charged will be higher than normal. This is the negative effect of having a bankruptcy on your report or low scores. But you should continue the search, if some have denied it doesn't mean that it will be so for all others also.
Kalsey
There are many lenders who would be willing to give you loan but then the interest rates charged will be higher than normal. This is the negative effect of having a bankruptcy on your report or low scores. But you should continue the search, if some have denied it doesn't mean that it will be so for all others also.
Kalsey
I too agree, bad credit is a problem but does not mean you can not get any loan. Rates are going to be more than normal but such loans are available, you need to spend some more time on your search.
Welcome Micah,
You can search for auto loan providers at autoloanlocator.com and theautofinder.com . There are plenty of lenders in the market. Just shop with some lenders and then choose the one based on monthly payments and rate.
You can search for auto loan providers at autoloanlocator.com and theautofinder.com . There are plenty of lenders in the market. Just shop with some lenders and then choose the one based on monthly payments and rate.
Don't go for a loan right now if you just got a discharge from bankruptcy. Wait for some time till you qualify for a low rate.