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?
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!
November 1st, 2009 at 7:18 pm |
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Best Wishes,
November 1st, 2009 at 7:18 pm |
call your lawyer and get his pay check garnished for it
November 1st, 2009 at 7:18 pm |
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.
November 1st, 2009 at 7:18 pm |
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.
November 1st, 2009 at 7:18 pm |
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.
http://www.tferfw.org/