I am now 5 months post Ch 7 BK DC and Lexus Financial approved me for a 2017 IS350 F sport lease at a MF of .00160 (3.84%). I did not reaffirm both of my loans with BMW Finance and VW Credit and bought a used car right after my discharge through Consumer Portfolio Services. This helped enough to where I am now in a 2017. There is definitely light at the end of the tunnel!
@Anonymous wrote:
May I ask what the terms are of your lease?
36 months 15k miles/year
@Anonymous wrote:
My Bk was discharged in Sept of 2015,
Credit Karma shows my scores at 682 and 683, but I was told these are not my true scores.
I am interested in the same car as trying to decide where I can get a true fico score, before I go an apply for a loan for a lease
I am considering Swap A Lease where you go thru Lexus Fin just take over someone's lease but there is not down payment and shorter lease terms
Where did you get your true Fico score and do you know what credit bureau Lexus uses to get the score.
Thank you for any help
You can get your true FICO score here through MyFico.Com. Lexus Financial uses the same underwritting rules as Toyota Finance since they are the same bank. Toyota is pretty leninet with BKs and being that you were dc almost 2 years ago, you should be fine. Depending on the state, Toyota usually pulls EQ but the dealer I went to pulled all three and submitted the highest score. They do use auto enhanced scores as well. I have heard Toyota approving leases as low as 585 depending on your auto loan history pre and post bk.