You can still qualify for an auto loan, however you may need a greater down payment & your vehicle selection may be limited.
I am in a chapter 13 bankruptcy, can I qualify?
YES! It may take longer to process your loan application. You may need to obtain an "Authorization to Incur Debt". You will need to speak with the person in charge of your bankruptcy.
I've never had credit in the past, can I get approved?
YES! We have many programs available for first time buyers!
How much can I get approved for?
The loan amount is based on a number of factors. The most important factors are credit profile, monthly income, debt and risk of loan.
Does my trade in count as down payment?
YES! However additional money down may be required.
What will my monthly payments be?
Your monthly payments will be based on your credit profile and the vehicle you are purchasing.
What are the interest rates going to be?
That is an excellent question! However there is not an exact answer. You rates will be determined by your credit profile, the risk involved in the loan and the equity position in the vehicle loan.
Do I need a Job?