Hi!
First off, the people on this site are so helpful. When I started, I had a very low score. Following the advice from so many of you, I have since purchased my first home and have a pretty decent score! Thank you so much for all of your advice!
I'm trying to prepare myself for a new car. My car is sure to die on me at any moment
Here are the important things to know.
All three of my scores are in the 680s.
Debt:
Mortgage- 92k Account opened 7months ago.
Rooms to Go Credit Card- $2k opened 7 months ago
Right after I purchased my home, I did a lot of shopping cart tricks to get credit cards because I didn't have any. They are all 0 balance. I have 10 of them. They are all about 7 months old.
Negative: I have a repo on my credit from 4 years ago. It still has a balance (7k). Since that repo, I have purchased another vehicle, financed and paid it off without ever being late. The interest rate was ridiculous, but I needed a car.
What is the likelihood of me getting financed with a major company? In a perfect world, I would like to finance a certified pre-owned Acura with Acura financial services. I know that is probably a reach with that repo still reporting, so maybe a Nissan with NMAC. What you guys think? I'm open to suggestions because I'm not planning on buying until my car gives out. Hopefully, I can make it until next year. Any advice at all will help.
Starting Score: 400s