Looking to buy a new Pickup we have a good income we just had to file bankruptcy due to several old medical bills. Need about $29,000
2007-12-31 11:44:42 · 6 answers · asked by Firestalker_1 1 in Business & Finance ➔ Personal Finance
Most lenders affiliated with dealerships will probably give you a car loan if you have a good employment history but the trick is you will have to pay very high% rates. 25% maybe. How about a home equity loan to buy the car? Then you can write off the interest.
Or buy used and pay cash if you make that much.
Why couldn't you pay off your medical bills if you have a good income?
2007-12-31 11:54:33 · answer #1 · answered by Kat 3 · 0⤊ 0⤋
1
2016-09-27 19:07:03 · answer #2 · answered by ? 3 · 0⤊ 0⤋
Do not get a loan with Americredit!!!!!!! My best friend got a car loan with Americredit and they will cause you to have to refile! They are a rip off car loan company that takes advantage of the desperate! But Good Luck Car loan hunting!
2007-12-31 13:00:37 · answer #3 · answered by Kelly M 3 · 0⤊ 0⤋
If you did not have a repossessions or foreclosure included in your Bankruptcy & have paid on a car loan before I would contact a local Wells Fargo Financial in your area. The rate will be high of course but raising your Credit score is easy these days & I would anticipate refinancing at a much lower rate after a year of ontime payments & keeping your credit clean.
2007-12-31 12:20:10 · answer #4 · answered by mjk138s 2 · 0⤊ 0⤋
You DON'T need a $29,000 pickup. You can get a 3 year old version of the same vehicle for around $18,000 and in 1 year, NO ONE will know the difference. NO ON can afford ANY vehicle they can't buy without a loan.
2007-12-31 12:17:35 · answer #5 · answered by STEVEN F 7 · 2⤊ 0⤋
Americredit...But anywhere you go, your rate will be 25-30%
Ouch!
2007-12-31 11:47:59 · answer #6 · answered by C D 4 · 0⤊ 0⤋