Capital One Auto loan question + bad credit?
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The last time I checked my credit score it was 541. On my record it says I have a unpaid debt of ,800. Can I get a Capital One Auto Loan with this type of credit?? Please help. I am currently paying off one car would like to trade that it cause it’s just a horrible car!
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JD_in_FL said:
I did get approved on a Capital One loan on a used car though my dealership, but the rate was a litle high. The dealerships help a little with bad credit because they hit everyone and see who comes back with a yes, where you and I might only hit a few places.
After a couple years, I refinanced through Citibank Auto and shaved off several percent and shortened the time on the loan.
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0January 31st, 2010 at 8:15 am -
courthouseblue42 said:
Pay off that old debt. It’s probably charged off (written off by the lending institution) and probably in collections. Once you pay that you score will increase a tiny bit. It is extremely unlikely you will get a loan with that credit score, because lenders would see you didnt pay a previous debt, so how could they be sure you would pay this debt
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0 0January 31st, 2010 at 8:15 am -
rxing said:
they may do it but I dont think you should pin your hope on it.
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0 0January 31st, 2010 at 8:15 am -
Aria said:
There are many auto loan options available today. Today, stiff competition among auto loan financing companies<!–has made it possible to get a car loan or an auto loan at favorable terms.
http://best-loans.awardspace.com/autoloans.htm
http://best-loans.awardspace.com/auto.html
However, before you sign the paper for financing your favorite set of wheels, do your homework to ensure that you get the best car–>finance option. You can apply for online car loans on the Internet, or get it from your car dealer.
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0 0January 31st, 2010 at 8:15 am -
Marry M said:
need a auto loan with bad credit.don’t worry its better for you to try for an online loan.bcoz lot of banks in online lend loans even u have a poor credit.i think that the below website will help you to find right solution.
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0 0January 31st, 2010 at 8:15 am -
Renu G said:
If you have a bad credit history still the loan market place is full of lenders who are ever willing to offer you a fresh loan. But you should be meeting some conditions laid down by the lenders. Loans for bad credit people are in fact easier to get then they were ever before, thanks mainly to cut-throat competition amongst the lenders. Lenders are giving loans to the bad credit people who have late payments, payment defaults, arrears, county court judgments or any credit problems. These loans are available for any purpose like home improvements, purchasing a new or used car of your choice, for wedding and holiday tour, debt consolidation or for paying child’s tuition fees.
Every lender in approving loans surely likes to see if the bad credit borrower has sufficient capacity to repay the loan in timely manner. If the borrower earns well, has regular bank balance, has been an employee for some years and has a convincing loan repayment plan in place, then the lenders do not usually hesitate much. So ensure that you have adequate repaying capacity before applying for a loan. Also, you should first check your credit report for any errors. If your credit score is too low then you would be charged a very high rate of interest. So it is advisable to first pay off some easy debts to improved credit score and then you should apply for loan at better rates.
http://badcreditloans.50webs.org/badcreditloans.html
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0 0January 31st, 2010 at 8:15 am -
Luigi Fulk said:
Nice but I perfer using this to earn my cash: http://www.neobux.com/?r=Gatsu I make $15/day profit maybe not so much but its extremly easy ^^
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0 0February 3rd, 2010 at 9:53 am
credit restoration…
I will put this place in my stumble upons….
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