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Can you lease a vehicle after a bankruptcy??

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Taoron
Frequent Contributor

Can you lease a vehicle after a bankruptcy??

Can you lease a vehicle after a bankruptcy??

 

What kind of credit do they look for with a leasing situation? 

 

Thanks..



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3 REPLIES 3
Anonymous
Not applicable

Re: Can you lease a vehicle after a bankruptcy??

We did 11 month after discharged. CadillacSRX TransUnion 690

Message 2 of 4
ezdriver
Senior Contributor

Re: Can you lease a vehicle after a bankruptcy??


@Taoron wrote:

Can you lease a vehicle after a bankruptcy??

 

What kind of credit do they look for with a leasing situation? 

 

Thanks..


It all depends ... not just on you have been discharged but many other factors about which you did not post?

For example:

 

Ch13 or ch7? It makes a difference.

 

Have you rebuilts your credit? How does your current credit profile look?

 

How many active tradelines do you have? How old are they? Has there been a later payment [post discharge] on any?

 

etc.

etc.

 

if you want a more useful response then you need to provide much more information.

 

 

Message 3 of 4
Pway
Valued Contributor

Re: Can you lease a vehicle after a bankruptcy??

Yes you can lease a vehicle after bankruptcy.  The loan officer is going to want to see trade lines after your bankruptcy.  They may even want you to put down a down payment.  I would suggest speaking with a dealer and telling them your situation and they can guide you with better details. 

Thank you for the wealth of knowledge I have learned from these forums. I am logging off as of November 9, 2022. I wish everyone great success.
Message 4 of 4
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