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Auto Lease Post Chapter 13 Bankruptcy

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BSBRose21
Contributor

Auto Lease Post Chapter 13 Bankruptcy

Hi!  My husband and I are looking at the possiblity of a lease with GM.  My husband had a Chapter 13 Bankruptcy, discharged 2012. Since then, he has rebuilt credit to a 710 credit score, mine is 700.  On his credit report, he has had an auto loan for 2 1/2 years with GM Financial, no lates. DTI will be around 33% with new lease.


Thoughts on approval or what to look for?

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1 REPLY 1

Re: Auto Lease Post Chapter 13 Bankruptcy

You'l get approved. I just leased a 2016 cadillac with a credit score in the low 500's. You have a car loan that you have been paying for 2.5yrs. It proves you worthy. 

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