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Question: My husband owes back child support and we can't get a car loan? how can get a auto car loan we pay now and bck?
(Posted by: victoria conner on 2009-09-25 20:49:25)
We pay current and arrears and have been for the last 5 years. We live in Texas and no one will give as an auto loan because of it any suggestions??? Thanks!
Answers:
Posted by: brian d on 2009-09-25, 20:53:59
Call your lawyer and get his pay check garnished for it
Posted by: Patio on 2009-09-25, 21:04:44
Look for a loan in just your name. That will keep them from looking at his credit history. Also, tell him to man up and support the kid. I cant understand what you wrote, but hopefully it's that he's caught up and current.
Posted by: ramtough_63 on 2009-09-25, 21:04:49
Unfortunately lenders are like the courts they frown on child support arrearage. there are a few secondary lenders that will approve a loan with cs collection on your credit but you pay a very high interest rate because they consider you (your husband) as a high risk. try getting the loan in your name and using his income as other source on the Application.
Posted by: George McCasland on 2009-09-26, 17:01:37
As noted, you ill need to get it in just your name, but he needs to get this paid off as soon as possible, as they are adding 15% annual interest. He gets billed for that after the initial amount is paid. Contact TFER for any additional ideas. tferfw.org/ \\\\\\\\\
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