What are some good car finance companies after you file for BK?
Janice asked:
I recently filed for bk, got my discharge paperwork in January.
I want to re-establish my credit, and my attorney said a car loan would be the thing to do, since you can get a car loan fairly easy after bk. What i want to know is who are the companies that will work with you if you've had a bk-the ones that will give you a loan and not try and not trick u? Any responses are greatly apprectiated.
Reply:
You CAN get a decent car loan, even with bad credit. I've done it, but you'll have to look around. That's one of the BIG mistakes people make...just taking the first offer that's given to them when they go to the dealer. Be smarter than that.
WARNING: DON'T GO TO BUY A CAR WITHOUT HAVING THE LOAN FIRST. The auto dealers will eat you alive and give you a crappy rate. Shop around with lenders who specialize in bad credit car loans. It's a better option, you don't have to take what they're offering if you don't drugs without prescription want it, and it's better than dealing with the car dealer's people.
There are usually some nationally based car loan companies who specialize in bad credit car loans who advertise on the page linked below...
http://www.axalda.info/bad-credit-car-lo…
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