Can I get an auto loan with a 570 credit score and $5,000 down payment?
I am looking at a car between $15,000 and $19,000 with a $4,000 to $5,00 down payment. Thoughts?I'm looking for, probably, about a 4 year loan so payments between $450 and $500 and I earn well over $4,000 a month. My negative credit score is the result of some past issues.
What is a reasonable auto loan amount to ask for?
I have a $2500 auto loan through my credit union, this is my first real credit history aside form a small credit card and some good standing school loans. I am about to pay off the loan and the whole loan only took me 4 months to pay off in full. I have never missed a payment or payed minimum balance on my loan or card and I make 34,500$ a year and my expenses are far less than my pay. I want to apply for another loan through my credit union but I am unsure of what I can ask for with only 4 6months credit history. My score was low 600s last I knew, but paying this loan off should boost it I think. Pretty sure it was low due to lack of history money tied up in loans. I would like it if I could go to $10,000 after paying this one off. If not buying brand new. Any tips advice is appreciated. PS I was turned down for a $5500 loan with a $2000 down payment but I still had my open auto loan and less history even than I have now. Hope that helps.
Where can i get an auto loan fico score 440?
I have to get a vehicle, my husband is sole source of income. he is active duty navy E 6 and been enlisted for 11 yrs now. he is currently deployed, i have general military power of attorney and an auto specific power of attorney, ive gone to a couple dealers an they ran my husbands credit over 40 times so his score went from 520 to 440. Will i be ae to find financing anywhere im at my wits end. PS i live in TexasActually 520 is fine if your active duty military because i was financed and had a truck but with my husband being deployed i had to get an auto specific, but smart people know when guys are deployed ya cant just call em up, so by time i got what i needed from him they had to re submit everything, by the time they did that all the other dealer inquireries hit and brought it down. Thanks Oh an that was with 500 down.ACTUALLY IS AN WAS FINE I GOT FINANCED IN A BRAND NEW GMC SIERRA 1500 WITH A ROCKY RIDGE PACKAGE YES A 50,000 TRUCK WITH 500 DOWN AND DID I MENTION IM PAYING 12% OH WITH A 440 CREDIT SCORE ACTIVE DUTY MILITARY STABLE INCOME LOOK IT UP SMART A$$ES. CANT BRING ME DOWN NOW I JUST PROVED THE JERKS WRONG....
Why do auto loan lenders put a limit on mileage and car year?
I recently tried to finance a 2003 vehicle and some lenders said it is too old for them to finance. Although I was approved by a different lender, I am curious, What does the age of the car or the mileage it has got to do with them? The car will be mine anyway. Does choosing a new one make me a lesser risk?
Has anyone had Santander change the maturity date on their auto loan?
I sent in my " last" payment on my 2006 Scion xB and suddenly the maturity date on my loan was changed. I looked at my contract, and a Santander Audit, of my loan and I made the agreed 72 payments. Now, they want 1 more so that they can account for the " mystery money" added to my loan. Anyone else out there have this happen to them? I am not finished with them by any means.
Need help getting auto loan?
My son is turning 16 in about a week and I have to get him a car. The car that he is ok with is $21,000, which is already a lot less than he wants so it can't go any lower. I am divorced, and his dad is a piece of s and doesn't support him in any way, so that is of no help. My car is financed in my name only, and I have 2 years left to pay on it. My credit is pretty bad score in the low 500s and it would be nearly impossible to find someone to cosign the loan with me. I could do a down payment maybe $1,500 $2,000 but have been told that might not be enough to help, because that lenders don't usual lend to people who already have a car in there name. I have to get him the car, and I have a week to do so. What do you recommend?
Can I add a co-buyer to my vehicle title without adding them to the auto loan?
I want to add my son on the title of the vehicle, but was wondering if I can add him without refinancing and adding him to the auto loan. I have a great rate and don't want to change that.I meant co owner not co buyer. And it is technically is his car. Just he is 17 And can't hold a loan in his name. And he makes the payments on it each month under my name.
What happens after a auto loan approval?
Say I just got a call from car dealership that Ive been approved for a car loan. They need paystub, car Insuarance, personal references etc. What does this mean? That I'm approved they just need all documents to take car home or its being pre approved and need to see documents before finalizing car loan...help first time car buyer
Auto Loan question....?
Please help.... I am a first time buyer, I need a loan so I can finance a used vehicle. I don't own credit cards and I have student loans I am paying off basically I don't have credit. I have a full time job, and a down payment saved $800 1,000 Can I still get an auto loan? Is it better for someone like me to go through a franchise dealer or independent dealer?Most banks require the loan minimum of $7,500 U.S. & the car must be 7 years old or younger . BUT I also know some dealers can help you try to get a loan as well. I am afraid my APR is going to be way too high? Any recommendations or helpful insight...thank you
Auto loan rates what rate should i expect?
Hey evereyone looking at possibly trading in my pos 07 cobalt for something a tad better, but have a question about the kind of loan rate i could get. Back when i got my 1st loan i had very little credit credit card that was it and ended up getting a co sign from my father at a 22% rate. I just checked my credit score FICO and have a 751 score, in additon to having a auto loan i also have 3 credit cards and a kohls credit card. Now my question is what kind of intrest rate could i get and will it be better than the 22% rate on the past auto loan?Thanks all and happy 2012My father has a terrible credit history bankruptcy and has credit card limits lowered not raised as far as my finances i make about $1600 per month before taxes have been at my current job for 5 years and have credit for about 6 years.As far as what i am getting IDK yet i want a chevy but i want something not too costly and something that will give me good MPG. The cobalt has failed me bad.
