Regular Contributor
Posts: 229
Registered: ‎08-13-2011

Approved for Auto Loan by Lexus Financial 2.5 years after Bankruptcy

So I had be comptemplating over the past few weeks weather I would go for a car loan or not...I had spend the last two years rebulding and have a very decent credit card portfoio. So today I went into Lexus dealership and looked at a 2010 SUV (GX 470) that I wanted test drove it, the priced was right where I wanted it. Decided to give the financing route a shot. The Sales Manager asked on scale of 1 to 10 where's my credit, I said 6, because I was worried the BK would be an issue, he comes back and says how does 4.99 sound I almost fell out of my chair today. I did not expect a rate that low I was thinking maybe something around the 9%. I got my EQ credit score from them and it was 698. All I can say is that I am a happy camper right now....i owe everything to all the contributors on this forum I have learned so much and gained so much confidence and gotten my credit back in shape. Next up is a mortgage I will be targetting the fall for that one.

Starting Score: 500s
Current Score: EQ: 693myFICO(9/7/12), TU: 710myFICO(9/2/12), EX Plus:701(lp,4/16/12)
Goal Score: 700

Wallet: Discover IT $2000, Capital One Platinum $12000, Barclays Rewards $4700, Walmart $2600, Amazon Store Card $1250.
Keep the Hearth of your Thoughts Pure, by so doing you will be Happy and bring Peace!
Frequent Contributor
Posts: 345
Registered: ‎02-14-2013

Re: Approved for Auto Loan by Lexus Financial 2.5 years after Bankruptcy

Congrats. That is very nice! Keep up the hard work.
EX: 619 (FICO) 3/14/14
EQ: 587 (FICO) 3/14/14
TU: 579 (FICO) 3/2/14

Goal: 700 Across the board In Garden until 4/1/16
Merrick Bank (0/500) Cap 1 Secured (0/201) Cap 1 Plat (0/300)
Senior Contributor
Posts: 3,930
Registered: ‎10-26-2012

Re: Approved for Auto Loan by Lexus Financial 2.5 years after Bankruptcy

Awesome job!!!! WAY TO GO!! You get a happy dance.




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