Re-affirming car loans??? Our attorney says not to re-affirm but it makes me nervous, one of the loan companies on my credit report says closed, but we are still paying the payments. Anyone advise?? The discharge was April and it was a chapter 7. Thanks?
The only reason I'm not reaffirming my car loan is because I'm -$12K (I owe $12K more than it's worth, per KBB and I took it to Carmax) If I weren't upside down on the loan, I'd keep it because I have perfect payment history and 3.9% APR.
@Keiashine - I would'nt worry about your FAKO scores from Credit Karma. Clean your report then pull your FICO scores, that way you know your real starting numbers. Congrats on starting your rebuild. Keep us posted!
UPDATE 7/25: Since my last post, All reports have been updated correctly. My student loans are back reporting with balances (took about 45 days from DC). Also paid my 300.00 outstanding debt with NFCU on 7/12 and after 7 business days applied for NFCU Secured card and was approved! Being back in the good graces of Navy was one of my big to-do’s as they have great growth opportunities. Gonna garden with the two cards I have for the next 6-9 months with the expectation that NFCU will unsecure my card around that time. Scores pulled via Experian 7/19 are as follows: EX 610, EQ 610, TU 639
Congrats! Welcome to the forums! Great strategy you got going. Your doing it the right way. Dont rush it. It will all fall into place. You can get your 3 FICO's at Experian. Cancel after the trial and you'll still get your free monthly EX FICO score.