August 3rd, 2009 at 09:30pm
Under Auto Loan
I have a credit score of 697, I have three credit cards which I pay on time and usually make much more than the minimum payment each month. I am 19 and have had one of the cards for over a year. I also now have a great job making $10 a hour and working almost forty hours a week so a car payment won’t bankrupt me each month, unfortunately I have only had the job for 2 months and I know that affects the loan. I applied for a loan at my bank, and they turned me down, and also through Capital One who also turned me down, saying I don’t have enough credit. The car I want is $7,000, and really a great deal on a 2001 VW Passat w/ only 51,000 miles! I love this car and just don’t know how to get the money to get it. I am going to a dealership today to look at cars but don’t really want to buy from a dealership and “settle” for a car that will be much more expensive just because they will give me a loan. With a very high interest rate I’m sure. Please help if you can any advice would be great.
By Finance Enquirer
August 3rd, 2009 at 07:41pm
Under Auto Loan
My friend just bought a used car at a 12% interest rate for 60 months. I think that is pretty high…
By Finance Enquirer
August 3rd, 2009 at 07:15pm
Under Auto Loan
Just started my first “real” job @ $40k/year, still in college part time, with ~625 FICO scores. How many years until I can get an auto loan for say, $20,000?
By Finance Enquirer
August 3rd, 2009 at 03:29pm
Under Auto Loan
My credit scores vary by 100 points from one agency to another. The Experian score is the highest.
By Finance Enquirer
August 3rd, 2009 at 01:41pm
Under Auto Loan
I am told that refinancing a car is like selling it, so I have to pay sale tax and car license including smog check again. Is this true?
By Finance Enquirer
August 3rd, 2009 at 01:10pm
Under Auto Loan
I just was divorced after 28 years of marriage.> My credit score is terrible (450). I need an auto loan and I dont have a job. I get 650.00 a week for child support and alimony. What are my chance of getting financed. Also what is the best credit counseling out there? Thanks
By Finance Enquirer
August 3rd, 2009 at 12:49pm
Under Auto Loan
my credit score is poor will having a co-signer allow me to get a bigger loan?
By Finance Enquirer
August 3rd, 2009 at 07:10am
Under Auto Loan
I am a member of SECU. Thanks
By Finance Enquirer
August 3rd, 2009 at 03:29am
Under Auto Loan
I co-signed for a auto loan about 2 weeks ago, IS THERE ANYWAY TO BACK OUT OF THE LOAN??
I just think I made a bad decition…Shame on me!
By Finance Enquirer
August 3rd, 2009 at 01:45am
Under Auto Loan
Banks tend to not lend less than $7,500. for a car loan. The rates for a personal loan are ridiculous! (If you happen to be perfect they will do 8.99% – at a score of 656 I am not perfect)
Please don’t suggest Capital One – they also have this same policy about not lending for these rates!
In the dealerships they will give me a 9% rate (although they are making a kick-back there) I would like to come in with a loan.
Help!
By Finance Enquirer
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