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Honda lease after 5 years bk7

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Jccflat
Established Contributor

Honda lease after 5 years bk7

I included them in the bk for $1000

and I am now after 5 years bk 

with excellent credit and 270k available credit now 

will I have a issue getting a lease form Honda  now or they block u ?

Message 1 of 6
5 REPLIES 5
DebtStinks
Established Contributor

Re: Honda lease after 5 years bk7

I think you should be okay on a lease...captives are typically very forgiving, and the fact that 5 years has passed, you've done a great job at re-establishing, and it was for only $1,000.

 

Good luck!

NFCU More Rewards AMEX $25000 (Opened 1/19) - NFCU Platinum $21000 (Opened 1/21) - TTCU Platinum Visa $10000 (Opened 10/18) - Discover $5500 (Opened 11/21) - Barclays View MC $5000 (Opened 1/19) - Capital One Platinum $3500 (Opened 2/19) - Capital One World Elite MC $1000 (Opened 3/21) - Target Store Card $2000 (Opened 10/18) - Floor & Decor Store Card $42500 (Opened 10/18)
Closed - PenFed $35,000 - Cap1 World Elite MC $11,200
Total CL - $115500

CH7 BK Filed 8/1/17 Discharged 11/7/17

Scores as of 2/18/21:




Inquiries Last 12 Months:
Message 2 of 6
Jccflat
Established Contributor

Re: Honda lease after 5 years bk7

Thanks my rebuilding is amazing fico is around 720 

and allot available credit 

I'm talking about leasing directly from the Honda financial

Because my last lease that is ending now was done through a credit union fusion auto finance But this time I want to go through  Honda financial 

Message 3 of 6
DebtStinks
Established Contributor

Re: Honda lease after 5 years bk7

You should be okay going directly thru Honda for your next lease.

NFCU More Rewards AMEX $25000 (Opened 1/19) - NFCU Platinum $21000 (Opened 1/21) - TTCU Platinum Visa $10000 (Opened 10/18) - Discover $5500 (Opened 11/21) - Barclays View MC $5000 (Opened 1/19) - Capital One Platinum $3500 (Opened 2/19) - Capital One World Elite MC $1000 (Opened 3/21) - Target Store Card $2000 (Opened 10/18) - Floor & Decor Store Card $42500 (Opened 10/18)
Closed - PenFed $35,000 - Cap1 World Elite MC $11,200
Total CL - $115500

CH7 BK Filed 8/1/17 Discharged 11/7/17

Scores as of 2/18/21:




Inquiries Last 12 Months:
Message 4 of 6
tussking
Established Contributor

Re: Honda lease after 5 years bk7

No issues. I leased an Acura with a 680 3 years post BK7. I was 2nd tier which was fine the payment difference was $15 a month from Tier 1.

Discharged BK7 - 7.16.15
Current Fico8 - (8.2022) EX - 744/EQ - 728/TU - 740
Message 5 of 6
FinStar
Moderator Emeritus

Re: Honda lease after 5 years bk7


@Jccflat wrote:

Thanks my rebuilding is amazing fico is around 720 

and allot available credit 

I'm talking about leasing directly from the Honda financial

Because my last lease that is ending now was done through a credit union fusion auto finance But this time I want to go through  Honda financial 


If you're trying to lease from AHFC, try to see if you can pre-qualify through their website.  Typically, there's a benchmark for score requirement, but it appears you're above 700 so it should work.  Good luck @Jccflat.

Message 6 of 6
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