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past auto loan trouble

Contributor

past auto loan trouble

Had trouble with past auto loans was considerably late 120. But was. Paid off a year ago looking at getting a new one any suggestions
Message 1 of 7
6 REPLIES
Senior Contributor

Re: past auto loan trouble

What does your current credit prfile look like?  Do you have a mortgage, any CCS or student loans?  If so, are they all current?

Message 2 of 7
Contributor

Re: past auto loan trouble

Student loans are going into rehab program and CCs where charged off in 08
Message 3 of 7
Senior Contributor

Re: past auto loan trouble

Without any active TLs that are reporting positively, you are going to have difficulty getting financing at an acceptable rate.  You may want to try for a secured card to start rebuilding, but that takes time, and it sound like you want a vehicle fairly soon.  Perhaps someone else can offer some alternatives for you. 

Message 4 of 7
Contributor

Re: past auto loan trouble

Just needing a second car for better milage
Message 5 of 7
Valued Contributor

Re: past auto loan trouble

Large down payment can do wonders.

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:23    


     $17k       $8.5K          Closed          $19k      $6.5k        $24.2k        Closed         $5k       Closed     $8.5k        Closed      @2.49%
Message 6 of 7
Super Contributor

Re: past auto loan trouble

 

Have you attempted to GW any of the late payments ?  That would likely help your FICO score and should improve your odds with getting approved.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 7 of 7