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Need a little advice. Im 5 months away from the end of my bankruptcy payment plan and my car is on its last leg. I was told the max loan amounts I can get is for $18000.00. My score as of today stands at 603.I really would like to get a favorable interest rate. Does anyone know of any banks or credit companys that are approving auto loans under these circumstances. I havent filed my notice to incur debt yet with the trustee office yet...Im just trying to weigh my options.
Just buy a cheap used car for cash and drive it until you're in a better position financially. I drive a 20 year old Villager mini van that I picked up for $950. Bought it five years ago, and it's still going strong. Besides having no payment, insurance is way cheaper.
If you must, you can always try roadloans they would see to be your best bet at this stage of your rebuild.
@App_Addict wrote:If you must, you can always try roadloans they would see to be your best bet at this stage of your rebuild.
They will most likely offer a loan, but i advise to stay away at all costs. Santander is horrible. They charge you $10 just to make a payment.