@kim9 wrote:
3 years ago I filed bankruptcy, 2 years ago I applied for an auto loan and had to get a cosigner. A year & 1/2 ago I applied for a credit card and approved. I've made all of my payments on time. I have applied for several auto loans on my own without my cosigner. I have been denied every time. I have been working on repairing my credit and doing all of the right things. I have a 690 fico and am curious as to how to proceed. The denial letters state that my assets are insufficient for the amount of credit requested, serious delinquency, past or present credit obligations. Suggestions?
Hello and welcome to the forums.
My first suggestion or advice is to wait about a year to try and refinance. That will give you more time for your new credit to age a bit and also time for the inquiries to lose some of their sting. You can also work on saving up for a large down payment because it sounds like you are wanting more credit for the refi than they are willing to give you.
Is that serous delinquency mentioned in the denial letters the BK from three years ago or is there something else?
Edited for typo.
From a BK years ago to:
EX - 9/09 pulled by lender 802
EQ - 7/06-663, 3/10-800
TU - 8/10-772
You can do the same thing with hard work
