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Auto Lenders

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Anonymous
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Auto Lenders

My brother is looking for a car and has an equifax fico of 580.  Are there any lenders out there to help during this credit crisis?
Message 1 of 4
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Anonymous
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Re: Auto Lenders

How's his job experience?  If he has 2-3 years on the job it'll help a lot.

 

My 1st car, my Fico scores were in the upper 500's and I had about 2 years on the job.  I got a new Toyota Yaris w/ little money down (like $1500) but the catch was it had 17% APR, which I didn't really care cause it was my 1st car on my own.

Message 2 of 4
Anonymous
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Re: Auto Lenders

Yes there are. It will be with a higher interest rate. but you can get a loan with those scores.
Message 3 of 4
Anonymous
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Re: Auto Lenders

Capital One

 

I had a part time job less than a year, CS in the 500's, and no money for a down payment

 

I was approved for $15 k

 

 

 

 

 

but at 29%

 

 

 

 

Do you NEEEEEEED the car right now or can you bum rides long enough to raise your credit score first?

Message 4 of 4
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