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Community Leader
Valued Contributor
Posts: 2,410
Registered: ‎11-29-2012
0

Re: Surrendering a Car???

Read my signature. I'm also a paralegal.

Starting Score: 11/29/12 TU 527; EQ 565; EX 564 fako - bk7 dc'd 2/15/13
Current Score: 1/22/15 TU 645; EQ 605; EX 633 Goal Score:
 625 for now– New goal 675
Cap1 sec $1k (SD) / Fingerhut $2k / Flagship $12k / cashRewards $12k / NavChek $15k / Amazon $2k / Von Maur $1k / Firestone $2.2k / BCU $3k / NFL $1k / QS1 $750 / Target $400 / PPSC $800 / Conoco $700 (last app 09/29/14)
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Posts: 13,871
Registered: ‎04-15-2011
0

Re: Surrendering a Car???

mighty_mouse2-tm.jpg

 

Just a friendly message from your neighborhood moderator reminding everyone to please play nicely.  :smileywink:



Starting Score: 504




July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
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Current scores after adding $81K in CLs and 2 new cars since July 2013
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Community Leader
Valued Contributor
Posts: 2,410
Registered: ‎11-29-2012
0

Re: Surrendering a Car???

Thanks shogun warrior.

Starting Score: 11/29/12 TU 527; EQ 565; EX 564 fako - bk7 dc'd 2/15/13
Current Score: 1/22/15 TU 645; EQ 605; EX 633 Goal Score:
 625 for now– New goal 675
Cap1 sec $1k (SD) / Fingerhut $2k / Flagship $12k / cashRewards $12k / NavChek $15k / Amazon $2k / Von Maur $1k / Firestone $2.2k / BCU $3k / NFL $1k / QS1 $750 / Target $400 / PPSC $800 / Conoco $700 (last app 09/29/14)
Valued Member
Posts: 33
Registered: ‎09-16-2013
0

Re: Surrendering a Car???

I feel like I'm gonna cry.  Just applied for a Capital One Auto Loan and was denied.  I am too surrendering my car in my bankruptcy and need to find a vehicle for transportation to and from work.  Does anyone have any suggestions as to where I should apply or when I should apply?  My bk was filed this week but I am so nervous thinking that I won't be able to find a car and then won't be able to get to work.  Thank you for helping me! :smileyhappy:

Regular Contributor
Posts: 185
Registered: ‎07-26-2009
0

Re: Surrendering a Car???

Santander and Wells Fargo are pretty popular post-bk lenders. Wait until your discharge, then apply at roadloans.com or something similar. I got my first post bk7 car loan with wells fargo 2 days or so post discharge, the interest rate was sooo high 19.99, but you can always build some positive history with the high interest loan and then refinance with a credit union

Community Leader
Valued Contributor
Posts: 2,410
Registered: ‎11-29-2012
0

Re: Surrendering a Car???

Prestige Financial actually financed me two weeks after filing and before my 341. The interest was insane, but I paid for six months then refied with my credit union at half the rate. It can be done. I also think it depends on your jurisdiction, because I've recommended prestige to others and they didn't get helped. Won't hurt to try.

Starting Score: 11/29/12 TU 527; EQ 565; EX 564 fako - bk7 dc'd 2/15/13
Current Score: 1/22/15 TU 645; EQ 605; EX 633 Goal Score:
 625 for now– New goal 675
Cap1 sec $1k (SD) / Fingerhut $2k / Flagship $12k / cashRewards $12k / NavChek $15k / Amazon $2k / Von Maur $1k / Firestone $2.2k / BCU $3k / NFL $1k / QS1 $750 / Target $400 / PPSC $800 / Conoco $700 (last app 09/29/14)
Valued Member
Posts: 33
Registered: ‎09-16-2013
0

Re: Surrendering a Car???

I will try those places after my bk is discharged.  It's nice to know there is hope.  Thank you!!

Valued Contributor
Posts: 1,919
Registered: ‎10-24-2013
0

Re: Surrendering a Car???

i was in a very similar boat when i filed...take my word for it there is a lender out there (drivetime, jd byryder, any buy here pay here) that will want your money. on one hand yes you filed bk but on the other the lender knows you can not file again for 7-10 years btw i have had 2 loans since bk first one had 19.99 apr, second 1 year later has 5.9

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