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Frustration with Carmax and Carvana

New Visitor

Frustration with Carmax and Carvana

First I want to say hello and glad to see if this is a good alternative to focus on my credit since buying a home just went out the window that is to these companies.

Long ago I was "preapproved," via Credit Karma. So I took the chance to look and was denied, ok thank you. However, approx 10+ letter come in about looking at my credit and it plummeted with out my knowledge because I did automatic pay.


however, just April, I sold the car I had and was looking for a vehicle at Carmax and same answer. Letters are still coming and I did not even know the finance companies were even asked and now 12 hard inquiries or more.


I had a $372,000 debt last year, sold the home for $361,000, nothing for my pockets because in the end tenants destroyed house meaning I had to pay.


I am now $72,000 in debt, but &59,000 is going to gone as of 5/20/2022 because 100% disabled unemployable Veteran. So since I cannot use my BA because I cannot work, I am waiting it and a true blessing.


Leaving $12,000, but I sold my car and paid in full so $8,000 dollars gone. Leaving almost $4000.



$2975 paid T-Mobile 

$975 paid medical

soo yea I mention this because I am trying to get a vehicle and with all that took care they want a co-signer.


it takes just too long for thing to be fixed on the credit report and a score of 435 is not a score to accommodate that o paid!!! Why do we have wait so long for everything but they want that money fast.


thank you letting me share and hey just sends prayers if able and God Bless.

Senior Contributor

Re: Frustration with Carmax and Carvana

Good luck.  Seems like you are on your way to being dug out.

Rebuild started in 2014  -  $100k unsecured credit in 2017  -  $400k unsecured credit in 2022.


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