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Mcgraw72
Member

Credit Score

Me and my wife filed 100% Chapter 13 in 2022. We are in the final stages of close out and should have the discharge in a week or two. The last year or so the only thing we have been paying in the Chapter 13 is two auto loans, one through NFCU and one through Nissan Financial. The last score on my Dashboard was Equifax on January 19, 2024. I tried to update the score but it will not let me. See the attached message of what it says. I am going to need a new auto loan and I am trying to get prepared and see where we are. Can anyone explain?

 

 

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Message 1 of 9
8 REPLIES 8
pizzadude
Credit Mentor

Re: Credit Score

Are neither of these auto loans showing on your credit reports ?   Were they removed as a part of your BK ?

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 2 of 9
Mcgraw72
Member

Re: Credit Score

Theay are still showing (In Bankruptcy).

Message 3 of 9
pizzadude
Credit Mentor

Re: Credit Score


@Mcgraw72 wrote:

Theay are still showing (In Bankruptcy).


Ok so both Auto Loans were part of your BK, guessing they're not updating monthly with your payments.  

 

Do you have any other open accounts ?  CCs, loans, etc.. ?

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 4 of 9
Mcgraw72
Member

Re: Credit Score

Nope, most of the Bankruptcy were the auto loans and back taxes. 

Message 5 of 9
pizzadude
Credit Mentor

Re: Credit Score


@Mcgraw72 wrote:

Nope, most of the Bankruptcy were the auto loans and back taxes. 


If that's the case then you won't be able to generate a FICO score unless one or both of your auto loans are updated as a result of your final BK payments.    You could try to pull again in a few weeks once everything is closed out and see if you are showing a score.  

 

You'd need at least one account with 6 months of history to show a score.

 

Alternately -- have you reached out to either NMAC or NFCU to see if they'd be able to work with you for a future loan ?

 

 

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 6 of 9
Mcgraw72
Member

Re: Credit Score

I have not, I am awaiting the Dischare Paperwork from my lawyer. NFCU was going to be my first stop. 

Message 7 of 9
pizzadude
Credit Mentor

Re: Credit Score


@Mcgraw72 wrote:

I have not, I am awaiting the Dischare Paperwork from my lawyer. NFCU was going to be my first stop. 


I'd start with them for now, hopefully at least one of your existing lenders can help with a new auto loan.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 8 of 9
JamesS84
New Member

Re: Credit Score

Have you tried to get your VantageScore? You can get it for free. FICO is weird sometimes tbh.

Message 9 of 9
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