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Question about getting new car after chapter 7

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Anonymous
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Question about getting new car after chapter 7

Hello Everyone!

 

My chapter 7 was discharged in South Carolina back in October 2015.  So its been about 3 to 4 months.  My credit score according to like the free credit karma app that you can get on your phone says im at a 640 Trans and 646 Equifax.

 

I have 3 credit cards right now.

 

Captial One - 1000 limit

Kholes Credit Card - 300 limit

Credit One Card - 300 limit

 

I use them wisely and pay them off in full at the end of every month.

 

I also was able to finance a 2013 Dodge Avenger for around 12,000 with about a 16% interest rate.

 

How long should I expect to wait until I could go to a credit union or subaru dealership and finance a nice 2015 Subaru WRX for around 28 grand?????

 

 

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Anonymous
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Re: Question about getting new car after chapter 7

First of all credit karma scores are FAKO scores not true score 8 second it's hard to say depends on the policy your local credit union has about bk and if there bk friendly . I was able to trade in my car I got right after discharge . 7 moths later my local credit union approved me for a 2016 Silverado crew cab for 40k it also depends how good you rebuild after discharge GOOD LUCK.
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