If so, what interest should I expect?
and would my new on time payments increase my score?
I need to increase my score to get a nice apartment. I never had a bankruptcy, or foreclosure. I missed several credit card payments(I was in college) 6 years ago.
2006-08-07 13:25:13 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
it's maybe from 13-20% interest
2006-08-07 21:22:28 · answer #1 · answered by Hoa N 6 · 0⤊ 0⤋
1
2016-09-26 19:39:56 · answer #2 · answered by Dante 3 · 0⤊ 0⤋
you MAY be able to get a loan for a car with that level of credit score. however, expect a really high interest rate. if you make the payments on time, it should improve your credit score over time but i honestly don't know how much. usually the more things you have on credit to make payments on and pay on time, the more it improves your score. just take it one loan at a time, it will improve your score as long as you keep consistant with paying on time.
2006-08-07 13:31:31 · answer #3 · answered by wilderone74 4 · 0⤊ 0⤋
yes if you are not concerned with the payment or the interest
my advice to you is go to a credit union and get a loan with them, you will still get a high rate but it wont be as high
2006-08-07 13:33:53 · answer #4 · answered by jesse t 1 · 0⤊ 0⤋
I found some good info here.
2006-08-07 19:57:05 · answer #5 · answered by Anonymous · 0⤊ 0⤋