Can't get financed anywhere

[Anonymous]

Discharged chapter 7 in December. Got my scores in the mid to upper 600s, but cant get approved anywhere. I feel like ive literally tried every option available and still no luck. Does anyone have advice out there? I need something within the next three months, and im starting to get worried im just out of luck.

[Anonymous]

What are the reasons for denial? Did you go through the dealership or looked for your own financing?

[Anonymous]

OP, one thing that you need to remember is it is not just what your score is. You could have a 700 credit score and still get denied for stuff. Any lender will look at your complete credit report. Having the BK discharged just a few months ago could be playing a role in this.

As previously asked, where did you try to get financing through? Have you tried your bank?

[TXinandout]

Wells Fargo Financial or carfinance.com

[StartingOver10]

What is your gross income?

How much down payment are you planning to put on this purchase?

A larger down payment after a Bk is typical as it reduces lender risk.  How expensive is the new vehicle you are planning to purchase? What is it worth?

[sccredit]

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@Anonymous wrote:

 Did you go through the dealership or looked for your own financing?

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This, did you try to buy through the dealer or are you applying on your own?

[Tim_S]

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@Anonymous wrote:

Discharged chapter 7 in December. Got my scores in the mid to upper 600s, but cant get approved anywhere. I feel like ive literally tried every option available and still no luck. Does anyone have advice out there? I need something within the next three months, and im starting to get worried im just out of luck.

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Have you already tried the Capital One Auto Navigator to see if you can get approved through them?  I was worried about getting an auto loan and got approved through them for $40,000 at 2.49% financing.

https://ane.capitalone.com/landing?PFFSRCID=S-GG-1234567890K-SEM-0001&referrer_id=31271081722474624946917530204999070518&external_id=COAF_AN_SEM_360i_DV143_ZZZ_ONL-SE_ZZZGO_ZZ_Zg_T_SEM2_AAFA_Z01_106691633404_920742258

[6speed8]

Are there other outstanding issues on your reports ? I was getting finance offers - albeit at a bazillion percent - within a week of my Ch 7 being filed let alone 341 Meeting completed or discharge in June 2015. I got a few credit cards and had them for 10 months before I ran the Capital One pre-approval in late February. Also as stated, how much are you looking for and how much of a down payment ? Stranger things have happened but I doubt a recent bankruptcy is going to make any lender confortable with little or no down payment. My car stickered at $35,000ish. I negotiated it to $27,200 out the door, but even with my $6000 down payment, the Cap One pre-approval of $17,000 wasn't enough. Hyundai Financial looked at the $2500 factory rebate and their $2000 rebate going towards the down payment as a $10,500 down payment. So with finance charges, my total amount financed was $21,000 and they approved me at 4.9% nine months after discharge.