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Car Loan after Bankruptcy

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Anonymous
Not applicable

Car Loan after Bankruptcy

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.

Message 1 of 6
5 REPLIES 5
gorgon
Established Contributor

Re: Car Loan after Bankruptcy

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.

Message 2 of 6
Birdie82
Valued Member

Re: Car Loan after Bankruptcy

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

Message 3 of 6
Dj4Money
Established Contributor

Re: Car Loan after Bankruptcy

 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. 

Message 4 of 6
Dj4Money
Established Contributor

Re: Car Loan after Bankruptcy

 CPS won't take 1099 income. 

Message 5 of 6
Andy77
Valued Contributor

Re: Car Loan after Bankruptcy

 

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

POI requested

Message 6 of 6
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