Posts: 567
Registered: ‎10-04-2012
Re: 653 EQ need loan 45 days past 7 discharge

aside from boutique lenders at 16% to 22% rates, I don't like your chances of getting approved. The fact that a BK has been discharged doesn't remove it from your CR, and you are heading into what sounds like it will be a voluntary repo. After that happens, there will be no auto financing for quite some time, from pretty much anybody.


Best advice if you just can't rehab the exiting loan (and it sounds like WF isn't interested) is to find an affordable car that you can either buy for cash or finance buy here pay here.

FICO 04 scores: 809 (EQ) 812 (EX) 818 (TU)

Amex Platinum NPSL - Citi HHonors Sig. $58k - BMW Ultimate $40k
Chase Sapphire Preferred $62k - Merrill Lynch + Signature $41k - USAA Rate Advantage $28k
NFCU Flagship Signature $50k - USAA Cash Rewards AMEX $28k
Citi Platinum Select / AAdvantage Signature $31k - Chase Amtrak Rewards World MC $41k