I had to file because of 500,000$ plus in medical bills because of cancer. I need a new one ton or bigger truck to continue to work. I drove over 210,000 miles last year in a two door truck,no sleeper, slept in front seat,
My retirement is 1500$ a month so I could use that as payment. but because of past no one will talk to me with out wanting 13% or more interest. I JUST WANT TO WORK SAFELY and have place for me, wife and dog to sleep confortable. My truck is paid for as I reafirmed it in bankruptcy. Don't want hand out,, just hand up
2007-01-21 14:05:49 · 1 answers · asked by wyndwalkr1 1 in Business & Finance ➔ Credit
Well, chances are you're not going to get a rate below 13%. You filed bankruptcy and that puts you in a higher risk--doesn't matter the reason.
WFS Financial finances high risk applicants. Get a loan with them, pay on it for about 6 months and then refinance. That's what I did and got a great rate.
2007-01-21 16:55:55 · answer #1 · answered by bundysmom 6 · 0⤊ 0⤋
Unfortunately a year is not long enough to get you even close to a good rate. I filed BK 5 yrs ago, and it is still taking time to re-estalbish good credit. Anyone in your family/boss/community that could possibly co-sign? That would be your best bet. Or, if you could sell your existing truck and put a large amount of money down, that might also work.
2007-01-21 14:16:21 · answer #2 · answered by CAT 1 · 0⤊ 0⤋