12-05-2010 08:08 AM
Do any major car companies such as Honda, Toyota or Nissan, Ford give financing after a BK with a farily good credit score? Where else might you get a car loan and what type of interest rate?
12-05-2010 09:12 AM
To answer your question directly yes they do offer financing post BK. Rates may not be as good but the possibility to finance is available. Requirements may be different between creditors/lenders do your homework and research them.
12-05-2010 10:31 AM
As far as I can remember I was never turned down for any type of loan because of my BK but of course I know I paid higher rates because of it.
Credit unions can be a good source for possible financing. If you have any in your local area I would talk to several of them.
From a BK years ago to:
EX - 9/09 pulled by lender 802, EQ - 10/10-813, TU - 10/10-774
"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".
12-06-2010 01:47 PM
Toyota and Nissan/Infiniti would be at the top of my list.
Nissan will go down to 620 and still offer special financing
Toyota will go to 650 - Tier 3 for them and still give you special financing and leasing.
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