- Getting prepared to apply for a Bad Credit Auto Loan
- Video Guide to Applying Online for Bad Credit Car Loans
- Using a Bad Credit Car Loan to Raise My Low Credit Score
- Auto Credit Express - A Better Business Bureau (BBB) A+ Company
- Co-Signing for a poor credit auto loan
- Credit Disability Insurance
- Total Monthly Expenses for Car Ownership
- Budget Basics - "Debt to Income" and "Payment to Income" ratios
- How Do I Build My Credit?
- Down Payments for a Bad Credit Auto Loan
- Dealing with Negative Equity
- Auto Insurance With A Bad Credit Auto Loan
- Credit Repair the Wrong Way
- How Can I Increase My FICO Score
- Applying for Auto Loans on a Smartphone or Mobile device
- Trade Ins and Bad Credit Auto Loans
- How Can I Improve My Credit Score?
- Bad Credit Scams. Fixing Bad Credit. Identity Theft
- Bad Credit Auto Loans when Self Employed
- Checking Vehicle History on a Used Car
Auto Credit Express Videos
Auto Loans after Bankruptcy? Finance a Car during open Bankruptcy
If you filed for a chapter 7 bankruptcy years ago, how long does it take to start living a better life in the eyes of your creditors?
For openers I'm not sure about credit cards or home loans, but after bankruptcy is discharged you should be eligible for an auto loan. The first car you finance after bankruptcy will be at a higher rate then you're used to, so I would recommend buying a car that meets your needs in the short term and not your dream car. I've seen a lot of people buy expensive cars right after bankruptcy for a 72 month loan term. The problem with this is that after 12 or 18 months the borrower qualifies for a better rate, but cannot trade in or re-finance the auto because the loan to the value is too high. This is called negative equity. If you finance a car with payments that do not exceed 15% of your income for the 36 months you should be able to trade in at about 18 months and qualify for a better interest rate.
Whether it's a credit card, home loan, or an auto loan, you have to get credit to re-establish your credit rating, and start living a better life.
Auto Credit Express is top high risk car loan company in the nation. Take a moment and get your approval today!
For openers I'm not sure about credit cards or home loans, but after bankruptcy is discharged you should be eligible for an auto loan. The first car you finance after bankruptcy will be at a higher rate then you're used to, so I would recommend buying a car that meets your needs in the short term and not your dream car. I've seen a lot of people buy expensive cars right after bankruptcy for a 72 month loan term. The problem with this is that after 12 or 18 months the borrower qualifies for a better rate, but cannot trade in or re-finance the auto because the loan to the value is too high. This is called negative equity. If you finance a car with payments that do not exceed 15% of your income for the 36 months you should be able to trade in at about 18 months and qualify for a better interest rate.
Whether it's a credit card, home loan, or an auto loan, you have to get credit to re-establish your credit rating, and start living a better life.
Auto Credit Express is top high risk car loan company in the nation. Take a moment and get your approval today!