Need help with auto financing

[Anonymous]

I have been denied by cap one and road loan. Exp score is 685 (pulled by RoadLoans .  Myfico scores for EQ and tu are 666 and  650.  Chapt 7 discharged 3/14.  Denial by RoadLoans wa lack of trade history  and recent auto loans....Santander repossessed as part of bankruptcy filing.  Am working with lex law to remove negatives including tax liens.   

Where cani get financing?

[Shiva78]

Santander is the banks used by Roadloans.

Maybe you go to a Credit Union or apply at the dealership?  My scores are the same as yours.  No BK, just a couple of paid judgements and a couple of paid off defaulted student loans.

I read on here that ppl are still getting approved at CUs and dealers with lower scores more recent BKs.

[Anonymous]

You can also try Tidewater Motor Credit/Finance Company, I discharged my Ch. 7 BK in 9/14 and I bought an SUV with them and my interest rate is not fantastic but it's not 19% either.  

[Jlu]

OP are you buying new or used? If used, how old and how many miles?

[Anonymous]

 I am interested in 2014 fiat (new), but willing to consider other options.

[Jlu]

New is your best bet. You should be able to secure financing, but you'll need a bank or CU that can overlook a BK + repo in the past year which limits your possibilties. Talk to the dealer since you don't have much to lose on a new Fiat (negotiation-wise).. they only have a $500 markup IIRC.

[Anonymous]

Thanks, Jlu.  Any suggestions re a cu or bank?

[Jlu]

Any suggestions I might have will likely be in the dealer's portfolio. If you were smart you'd negotiate a price on the car first and act like you are securing your own financing. Then when it comes time to close let them know your situation. They'll hate it, but you'll get the best deal that way.

[Anonymous]

,Thanks, Jlu.  I will be smart!