Automobile refinance post CH7?

[ballysdad]

Who did you refinance with besides Cap1 after BK? What rate did you get? Was wondering if anyone has found an auto re finance company that is BK friendly?

[Scupra]

Welcome! I assume we are talking about an auto loan? If you don't mind providing some more detailed info I am sure we could try to help out.

[ballysdad]

Yes sorry I did mean auto loan.  I will fix origional. Thank you

[Scupra]

Things like your current scores, current TL's and some history would be beneficial to the people trying to help as well

[ballysdad]

$500 Secured card from OpenSky

$1000 non secured card from Mecury Visa

$500 Secured card from NFCU

$500 Pledge secured loan from NFCU

$250 12mo. Deposit certificate NFCU

$500 Self lender secured loan (took out pre NFCU)

FICO scores very low 600's

[Anonymous]

2 months discharged is most likely too soon for refinancing to be a viable option.

Sit tight . .don't open ANY more accounts for 6-12 months, practice AZEO, and then revisit.

[Scupra]

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@Anonymous wrote:

2 months discharged is most likely too soon for refinancing to be a viable option.

Sit tight . .don't open ANY more accounts for 6-12 months, practice AZEO, and then revisit.

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I would echo this advice honestly. To a lender your agressive rebuild looks like you are seeking credit right after a BK. Sit tight  

[twono]

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@ballysdad wrote:

$500 Secured card from OpenSky

$1000 non secured card from Mecury Visa

$500 Secured card from NFCU

$500 Pledge secured loan from NFCU

$250 12mo. Deposit certificate NFCU

$500 Self lender secured loan (took out pre NFCU)

FICO scores very low 600's

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That is  A LOT of new credit so soon after BK.   As others said, don't do anything for a while.

Maybe join a local CU, build a relationship with them,  and get an auto loan through them in 12 months, maybe less.

[ballysdad]

I did join 2 credit unions to build a strong relationship. I took the secured loans with them to establish payment history. I have been aggressive with the credit cards early to start aging right away. I figured if I get them all early then I would get the 3 credit and 1 installment loan out of the way. I will take everyones advise and sit back and let time pass.