Comments on: Can I Get a Car Loan After Bankruptcy?

By: Availing car loans after bankruptcy

Availing car loans after bankruptcy — Wed, 13 Jan 2010 06:24:30 +0000

Times have changed and so is the financial market. Nowadays one can get car loans after bankruptcy too. This is also called car loan bankruptcy. It is wrong to think that bankruptcy means end to the prospects of availing any financial loan. On the contrary, bankruptcy means you are starting your financial life, all afresh from zero.

By: Carole

Carole — Wed, 08 Jul 2009 02:53:06 +0000

After divorce and bankruptcy, I was lucky to get a job on a military base facility. I do believe I got my car loan because of my military references. But get this, the dealership kept switching contracts on me, signing one then another, finally the last. I didnt know until too late the loan was for 17%. I still had no choice, alone no friends or family at the time. Female,59,Alaska.
Buyer Beware !!!

By: lala

lala — Thu, 25 Jun 2009 20:20:44 +0000

Agreed, I had a bankrupcty do to my ex walking out. Leaving me with nothing. I worked many hours to try and make it and I just could n’t do it. I had to file for Bankrupcty. Well, lets not forget girls….our husbands credit follows us no matter what. No only was my credit bad from the Bankrupcty, but from the ex too. I needed a car and tried to get an auto loan. They laughed me right out the door. 473 credit score gets you nothing. Many of us are just working to put food on the table, and keep up with paying the utilities so we can provide for our children. With the economy the way it is….before long, we will be consided a 3rd world country. We are killing ourselves. Our dollar isn’t worth a hill of beans!!! Oh and all those wonderfful things they say they have to help the “single mom’s” That is a load of crap too!!

By: ja

ja — Mon, 02 Mar 2009 11:47:42 +0000

It’s possible to get a loan with a bad credit, but you have to improve it first. It takes time, effort and consistency many of us lack.