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Refinancing auto loan after a discharged chapter 7

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Refinancing auto loan after a discharged chapter 7

In August of 2011 my chapter 7 bk was discharged. In March of 2012 I purchased a new vehicle after the bankruptcy with Capital one as the lien holder. My question is I would like to refinance the loan now however capital one will not refinance an existing loan of theirs which make sense. So I am wondering what bank will refinance me after a discharged bk with no late payments after bk and all accounts current.
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Super Contributor

Re: Refinancing auto loan after a discharged chapter 7


@Mrmoore wrote:
In August of 2011 my chapter 7 bk was discharged. In March of 2012 I purchased a new vehicle after the bankruptcy with Capital one as the lien holder. My question is I would like to refinance the loan now however capital one will not refinance an existing loan of theirs which make sense. So I am wondering what bank will refinance me after a discharged bk with no late payments after bk and all accounts current.

If you had any way into NFCU I would take that route Smiley Happy

Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
740 EQ FICO 06/2018
750 TU FICO 06/2018
741 EX FICO 06/2018
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Established Member

Re: Refinancing auto loan after a discharged chapter 7

Congratulations!!!! If I were you, I would start by opening up an account at a credit union and then ask them about their products. I was in the same situation as you however with a miracle by God my BK does not show on any of my reports. My interest is high and Ive had two years of excellent payments in fact I paid $70 extra. My sister sells cars at a Lexus dealer in GA and I am trading that 2011 Ford Focus in for a 2009 Lexus IS 250 and my payments will be $40 more than my current loan with Chase. I wish you the best check ALL your options Credit Unions are great to deal with!
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