Frequent Contributor
NewbieReed
Posts: 433
Registered: ‎12-05-2012
Re: Can I get decent auto financing with old collections and charge offs?

My DH has scores far worse than yours (580ish) and was financed thru a buy here/pay here place up to $7K. He even had 2 defaulted auto loans on his CR (Charge offs totaling over 20K!!!) and the place gave him a shot with payments of only 210$/month for a 7 yr old sedan in really good condition. We had it for over a year before hubby totaled it in an accident (not his fault). but yes, it is possible!

Starting Score: 526 EXP 09/2012 600 FICO 10/2012 608 EX (lenderpull)11/2012
Current Score: 705 FICO TU (10/2014)Take the FICO Fitness Challenge