I have had 2 VW leases, one with no missed payments with the lease ending in 2008, and the other 10 missed payments, 30 days late, from 3 years ago, due to a cancer diagnosis....Student loan with $825 left on it, credit card with zero balance, but do have a collection from 2009, which i paid off......Need to get a car, thinking of getting a Toyota, or Kia.....Will I have an issue with the late payments or medical collections, with a 693 FICO score?
If you go for Toyota through their financing program, they are going to pull your EQ report and your AA FICO score. With a score of 693 and the negative TLs you are going to get approved but probably not for the best rate they have to offer.
I would think it depends on your Auto Enhanced FICO but with the right dealer you could get the 0% with Toyota. Finance would have to be aggressive, probably a high volume dealer.