01-15-2013 09:17 AM
01-15-2013 10:32 AM
Given that you have an open BK then your options are going to be extremely limited. Remember that most of the time when you read "horror stories" about lenders there is a back story that you are not getting. If you take the loan just make sure you set up some kind of auto draft payment arrangement so you have proof of when a payment was made. If you do not go into arrears creditors are very friendly. The terms you get will not likely be very good but you can always look to refinance options down the road when your credit situation settles.
Obviously the best plan would be to just buy a get you by car with cash but if that is not possible then you are going to have to accept whatever terms you are offered in the moment.
01-15-2013 04:00 PM
Copyright ©2001-2013 Fair Isaac Corporation.
All rights reserved.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.