topic Re: Car Loan after Bankruptcy in Auto Loans

Car Loan after Bankruptcy

Anonymous — Tue, 26 May 2020 13:32:13 GMT

Has anybody had any success getting a car loan right after discharge? If so through the dealership and what terms did you get, interest rate, etc.

Re: Car Loan after Bankruptcy

gorgon — Tue, 26 May 2020 16:17:51 GMT

I got pre-approved through Capital One Auto Navigator two months post discharge and got a 7.5% rate. It tells you how much you are pre-approved for and it shows you vehicles from many different dealerships and the rate varies by which vehicle and term you choose.

Re: Car Loan after Bankruptcy

Birdie82 — Wed, 27 May 2020 03:38:30 GMT

I was approved by Consumer Portfolio , no one wanted to approve me. My Interest rate was a hideous 13.5%

Re: Car Loan after Bankruptcy

Dj4Money — Wed, 03 Jun 2020 01:31:45 GMT

I was approved six months after discharge. It dependend on what vehicle I was looking at, that determined the APR.

I didn't buy a car but it had nothing to do with Capital One. I re-applied and I am getting better rates, about 5% better than before.

Re: Car Loan after Bankruptcy

Dj4Money — Wed, 03 Jun 2020 01:32:42 GMT

CPS won't take 1099 income.

Re: Car Loan after Bankruptcy

Andy77 — Thu, 04 Jun 2020 12:47:14 GMT

Approved for Capital One pre-discharge, 35k, 9.5 apr

POI requested