So a little over a year ago I paid off some bad items on my credit report, and put $3,000 down on a $10,000 vehicle loan. I got a subprime loan with an interest rate of 13.9% for that vehicle, but this past Friday I went to a dealership to look at trading in that vehicle for a newer car. Well to my surprise I got approved with 1,000 in negative equity on my trade for a $17,200 car with a rate of 6.9%. Proof that if you make your payments on time and work hard you can improve your credit. Oh and the new car loan is through a good bank and not subprime as before, and I actually had offers from 3 different banks for the loan where as before I had to put a chunk down, and before that I couldn't even get a car loan with a cosigner. I'm not sure as to what my credit scores are or which they pulled but they must be moving up.