OK...My dilemma is (has been for the past year)...that I WANT a new car more than I really NEED one. The thing is my car is pushing 100,000 miles and I dont expect to last to much longer without me having to put alot of money into it. (Plus, knowing Im already going to get screwed in the trade-in deal I want to get rid of it before it hits 100,000 miles) I have a repossession from 2005 on my credit reports (ONLY SHOWS on TU and EX) . A year ago the only place a could get financed was at this very seemingly, shady dealer and through a company called Credit Acceptance. I know my interest is around 20%, ouch! I have had that loan for actually 1 year and 2 months-perfect payment history-all "oks". (Also only shows on TU and EX)
The dilemma-wanting a newer used car-specifically one thats around $35,000.00. Call me crazy but I want this car. Anywho, knowing what on my credit reports as far as the repo and "good" payment history on current loans, what do I do, to attempt to get another car??
I was thinking of finding a place that only pulls Equifax (highest score- 621)-BUT that wont show my payment history for my current auto loan.
ALSO-in a past life i had excellent credit (with ex-h) I have several (5) auto loans-showing currently on my credit reports showing "current-paid" but i was only the co-signer. (another reason why I dont have much individual established credit)
What can a girl do about all this?
ALSO-it seems that I get this new car thing fire underneath me, every couple of months or so.
I have SIXTY or so INQUIRY hits from ONLY AUTO FINANCING lenders (ALL DENIED) since 2006.
I have been working on my scores and credit for about a year now, so I know that my scores are alot better than they were then. Im thinking that I have a chance to get financed SOMEWHERE-But who do I trust to run my credit and do me good??
Ive seen ALOT of people on here get approved for the Cap1 blank check deal and\or going through a Credit Union(which I do not have yet, but I will, if need be)...
My only fear is, is that, CAP1 Auto Financing has denied me, several times, every other time I applied with them (someone from a dealership, did, i think)
Does it make any difference if I apply myself?
I just need some answers\help as you can see.
I am a little all over the place.
OH! And what can I do about getting all those inquiries rolled into only a couple? I saw a dispute letter format somewhere, now Im not sure where I saw that.
And what if I dispute something and I havent heard anything back about it, for months?
Thanks SOOOOOOOOOOOOO Much-I need to stop now!!
I appreciate ANYONES help....
(Worst case scenario, if I have to refi, who should I try?-are the odds the same as getting approved for a loan)
Had to sneek a few more in there.