Valued Contributor
tcbofade
Posts: 2,035
Registered: ‎09-26-2011
Re: Need help!!!!

Hmmm.  I agree with Revelate, but when I was in your spot, I did it very differently.

 

I drove a 1993 Ford Escort until 462,000 miles worth of a blown head finally caught up to me.  I limped it into the local Ford dealership with smoke pouring out of both ends, literally.

 

With no established credit and a two year old BK.

 

I drove out in a used 2007 Focus (in late 2007) and a 23% interest rate.

 

Six months later, I refinanced at 18 %

 

Six months later, I was hoping to refinance down to 12% or so, and got 6.9%.

 

When you get so afraid about your cars reliability that it starts costing you sleep, I say bite the bullet, get the "less than ideal" loan and make your payments ON TIME, then refinance later!


Current Scores: EX 676 (FCR) TU08: 648 Wally (TU08). 07/01/14 Last app 05/29/2014.
Gardening until 01 November 2014.
(Thou shalt not app, thou shalt not app, thou shalt not app...)
Zero percent financing is where the devil lives...