Tuesday, October 27, 2009

Troubles with auto Financing, What should I do?

My dad is trying to buy a car for me. We decided on a car for $10,995. We plan to trade a car in for $750 and make a $1,000 down payment. The private dealer we went with worked with one bank and we were turned down because my dad is no longer working, he%26#039;s retired with a 630ish credit score. We tried to use the capital one %26quot;blank check%26quot; program but our dealer could not use green checks, only the blue ones. What should we do to finance this vehicle?



Troubles with auto Financing, What should I do?

Auto finance is what I do for a living and you need to find another dealer.



Anyone that can%26#039;t get a 630ish score done simply doe%26#039;s not know what they are doing.



There are lots of lenders that should approve your Dad if the dealer knows how to submit the deal.



Troubles with auto Financing, What should I do?

My credit score was lower than that about a year ago and I ws financed tru HSBC Auto Finance ~ the interest rate will be high but after a year of on-time payments he can attempt to refinance.



You also try Capital One I%26#039;ve heard they finance those with bad credit

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