Loan Consolidation Care » Car And Auto Loans

CALLING ALL CAR DEALERS~~~Auto Loan with a 535 credit score?

admin — Fri, 03 Jun 2011 10:05:51 +0000

Question by KaP: CALLING ALL CAR DEALERS~~~Auto Loan with a 535 credit score?
I checkec my credit score and I currently have a score of 535. Is it possible to obtain a in house dealer loan with a credit score of 535? I hade a local Chevy dealership call and say I was pre approved but I don’t really want to waste my time….

Best answer:

Answer by Auto North
Unfortunately, you will have to go in and see what will work. There is much to be considered, how much you make a year, how long you’ve been on your job, how much you’re putting down, if you have a trade in, if you owe money on it, if you’ve had any recent repo’s… oh the list goes on and on. It depends on your state as well. I moved from New York (where even 630s are hard to get done) to North Carolina where I’ve surprisingly seen 490s get done. Also, it depends on who ran your credit. Often, a business sees a different score then when you buy your own credit report. I’m sorry, but you really don’t have a lot of options other than fidning someone who will work hard for you to get you approved.

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Is it possible to get 2 auto loans to buy one car?

admin — Wed, 01 Jun 2011 10:12:31 +0000

Question by athena w: Is it possible to get 2 auto loans to buy one car?
Say this bank is approving me only for 10,000 but the car is 15,000 can i take that 10 grand loan and get a separate 5000 loan from a different bank to pay for my car?

Best answer:

Answer by zanilth1984
It is possible if you can get another loan without using the title as collateral. You cannot, however, split the title between two loans.

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I Can’t trade in my car due to, two auto loans help!!!!!!?

admin — Tue, 31 May 2011 10:34:47 +0000

Question by birdie: I Can’t trade in my car due to, two auto loans help!!!!!!?
In 2006 my car was repoed, I still owe 00 on the vehicle to the bank. Just last year I got another loan for a car in which i still have. I am trying to trade my recent car in but auto finance companies are not approving me because of the fact that I have two auto loans in my name. So I guess my question is that if my car i purchused in 2006 with my mom a cosigner was repoed then can the auto loan from the finance company still be open , or is it suppose to show that it was repoed?(Keep in mind that I have not payed a penny to them yet, do to the fact that i am only responable for half the price,)I pulled my credit report and the loan is still showing that it is current after two years, can they do that? Please help.

Best answer:

Answer by Bob
Taking the car in a repo doesn’t mean that you are excused from paying the remaining balance on the loan. If you haven’t paid on it since 2006, then you are showing as both a repo and a deadbeat. Where did you get the idea that you are only responsible for half the loan? A cosigner is a backstop for the creditor to go after. They don’t split the responsibility. All signers are responsible for the whole thing and they all get their credit trashed if the loan goes unpaid.

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Q&A: Used Car Loan with credit score of 650 unemployee but have capital.?

admin — Mon, 30 May 2011 10:17:54 +0000

Question by A: Used Car Loan with credit score of 650 unemployee but have capital.?
Ok, I am 20 years old and unemployed with a credit score of 650. I need to get a used car loan of 7500 or maybe more. I have stocks worth 13k. And I will have an income of 400 every month from my brother. I bank with Wells Fargo.

Will banks such as Wells Fargo or Chase give me a used car auto loan? If so, how much do you think the interest percentage be? Does the bank even care if I have assets? or an income of 0 a month?

Best answer:

Answer by loves christmas lights
Only smaller car lots might take that risk with you.
The bank might suggest you sell your stock, and use that as a down payment, stocks can be worth nothing on any given day. Sell and get your car, get a good car that will last you. With that kind of money, you cna buy new, but insurance will be high so be prepared,

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Buying a New Car and Auto Loan Online?

admin — Sat, 28 May 2011 10:08:46 +0000

Question by Maria: Buying a New Car and Auto Loan Online?
I just recently graduated from college and I make around 33,000/year (about six months at the job now), but it’s time for a new car and move on from my college commuter (157K miles). Are there any options to apply for a loan online and get some quick estimates?

Best answer:

Answer by STEWIE
To research prices and to buy go here: http://amexnetwork.zag.com/new-used-car.html

To apply for a loan, go here: http://www.capitalone.com/autoloans/

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Is it possible to refinance a car loan with one’s current auto loan bank or institution?

admin — Tue, 24 May 2011 10:05:10 +0000

Question by lightning_strikes: Is it possible to refinance a car loan with one’s current auto loan bank or institution?
I currently have an auto loan with Bank of America. I am paying 9.7% APR. I’m considering refinancing just to get my interest rate lower.

In fall 05, I started it w/ a loan balance of ~K. In 1.5yrs, I’ve paid down the loan to a little under K. Currently the car has a trade-in value of ~,500 and a retail resale value of ~K(I looked this up on Kelly Blue Book’s website). So I know that I’m not upside-down on my loan.

Do I have a good chance of refinancing? My credit is solid, but the only thing that I’m afraid might hinder me is the credit card balances that I currently have(although I’ve been paying them on time).

More importantly–Is there a chance Bank of America might be able to refinance my car loan for a lower rate? If they do this, is it possible for the loan acct.# to stay the same?(since it’s within the same bank) Do banks sometimes refinance car loans that they already manage? And if I tried to refi with Bank of America, would it create a hard inquiry?
I asked about it at my credit union and I’d say it’s a no-no. The credit union said they only determine int. rates based on what tier my credit score falls in, so my good loan-to-value ratio, length of loan, etc won’t help me. They also said that I’d only qualify for a “used car” loan, and the rates are higher for those. But I will definitely try Bank of America…except I called 2X today and got disconnected each time after waiting a while. >:( Anyone have any specific car loan experience dealing with Bank of America?

Best answer:

Answer by threeboysmamma
You really should have no problem refinancing as long as you do not owe more than the vehicle is worth and you have ok credit.

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Loan Modification Made Simple GuideBook

admin — Sat, 21 May 2011 10:05:29 +0000

Loan Modification Made Simple GuideBook
An Insider Guide to Understanding Loan Modification and Preventing Foreclosure. This book now becomes required reading by virtually all homeowners those are in imminent danger of losing their home.
Loan Modification Made Simple GuideBook

Shopping Car Loans

admin — Wed, 18 May 2011 10:48:42 +0000

Last month general motors announced the biggest annual loss in their history. And dark clouds for car manufacturers mean blue skies for buyers, as dealers get desperate. But if you’re thinking of buying a car anytime soon, don’t forget the financing.

CarCredit.com has the car you want and the credit you deserve. With a nationwide network of bad credit auto loan dealers, you will get approved for an auto loan!!
Video Rating: 5 / 5

Q&A: Years ago bf got an auto loan, car was stolen but he didn’t report it, and has been sent to collections. Help?

admin — Thu, 12 May 2011 10:13:26 +0000

Question by Jodi: Years ago bf got an auto loan, car was stolen but he didn’t report it, and has been sent to collections. Help?
He took his car in for maintenance and the shop told him that it was stolen. I don’t know why, but he didn’t report it to the police or his insurance company. He still owed a good deal on the car, maybe around ,000. His credit report shows several collection companies. Is there anything he can do because this is ruining his credit and he owes for a vehicle he no longer has possession of? (I already got mad at him for being such an idiot.)

Best answer:

Answer by jlf
He defaulted on the debt. Of course he owes.

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Bad Credit Car Loan

admin — Mon, 09 May 2011 10:19:36 +0000

www.next-auto-approval.com – bad credit car loans, bad credit is no problem we can get you a car today
Video Rating: 5 / 5

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