Announcement

Collapse

Forum Rules (Everyone Must Read!!!) (updated: 04/28/2015)

Welcome to the Bankruptcy Forum. Bankruptcy (BK) Forum is known as BKForum.com and will be referred to as BKF hereinafter. In order to ensure a long term success of our vibrant community, we have established certain rules and guidelines to which everyone must adhere to. Please take your time to carefully read our rules, before you start to participate in the community.

Things you agree to do:
BKFORUM.com (BKF) users agree to use the search function before starting a new thread. This prevents duplicate discussions and allows for better organized topics.

All BKF users agree to read the sticky posts which may be available at the top of a forum page. These Sticky posts often contain valuable information. They may also outline more rules and guidelines specific for that particular forum, stickies are put in place by that forums moderator(s) or admin(s).

Things you agree not to do:

All BKF users agree not to call people names or write a post simply to make a personal attack, or get a negative reaction; this behavior is not allowed on our forum. The use of derogatory language aimed at anyone will be severely dealt with. There is no need to agree with each other, or to even like each other. However, by signing onto BKForum.com you agree to treat each member and guest with the respect they deserve. No threats or personal attacks will be allowed.

All BKF users agree not to discuss, engage, or encourage any behavior or activity which violates the law. Discussion of drugs, violence, murder, theft, vandalism, fraud or any other issue which could be used to help individuals break the law is strictly forbidden.

All BKF users agree not to "bump" old threads, unless there is a specific benefit to the community by doing so. But in most cases, please don't post in very old threads, instead start new threads.

All BKF users agree not to attempt/use another members account. It is against BKF rules to use any account other than your own. Impersonating another member will result in an immediate ban. It is also against the rules to open more than one account in your own name without permission from a moderator or administrator. If you have been banned for any reason, it is against the rules to open another account. If you were banned temporarily and you are caught using another account you will be banned permanently. Choosing a moniker which is similar in either sound or spelling as a moderator or administrator is strictly forbidden.

All BKF users agree not to private message any moderator, admin, or other member with questions related to their personal circumstances (Questions about the forum or issues with the forum are ok). This forum only works when members share their experience and insights with everyone.

Things you agree not to post:
All BKF users agree not to post any derogatory/racist/or sexist remarks. This includes attachments, links and all information contained within posts, signatures, and avatars, failure to comply with this rule will result in a permanent ban.

All BKF users agree not to post any copyrighted or trademarked information without the express written permission of the owner(s) / proper citation of source.

All BKF users agree not to post any real names, addresses, telephone numbers, email addresses, social security numbers, or any other personal details (their own or other people's).

All BKF users agree not to post links, pictures, attachments, videos, or the like of pornographic content, objectionable material or extreme violence, whether cartoon or real.

All BKF users agree not to use BKF for advertising purposes without a written contract between yourself/company/agent and the administration of BKF. Blatant advertising will result in a ban.

All BKF users agree not to spam the forums. Spam includes but is not limited to posting erroneous, non-relevant-useless, off-topic, or meaningless posts. Spam may also include posts which contain no text, or large areas of blank space between lines. Simply posting emoticons without text is considered spam. BKF is the largest bankruptcy message board and all the content is intended to help other users. Please help us improve the quality of our forum by making sure that your posts are well-worded, spell checked, grammatically correct and syntaxed.

Regarding actions of moderators and administrators:

The forum is no place to air out your opinion or be judgmental of our staff and its capabilities.

All BKF users agree not to abuse or mistreat moderators or administrators. It is against BKF rules to post any information regarding bans or any other action taken by a member of the moderating or administrative team. If you wish to discuss bans or warnings please do so via PM. To place a complaint against a moderator, send a PM to a super moderator. All Moderators are equal, any decision made by a moderator must be adhered to. If a moderator tells you something you do not like, do not go to another moderator looking for a different answer. If you are caught doing this you will be banned. The moderators work as a team and respect the decisions made by their peers and will help enforce them unless an administrator tells them differently.
If you have an issue with how the forum is run, then notify one of our administrator and we will look into the situation. We have in the past and still do appreciate any input that you offer this forum. But critical input and/or judgmental postings towards the staff will result in you getting banned.


Should you find a thread offensive or out of line, then notify a Mod in a PM so they can evaluate the situation and do the action deemed necessary.

All moderators do have active "other" lives outside of the forum and help moderate this forum in their spare time throughout the days and weeks.

If you have a problem with a member or Mod follow the proper channels of reporting it.

BKF reserves the right to delete any posts which contain anti-BKF comments or discussion. Any bashing of moderators or administrators, or any of their discussion or actions will also be deleted, and the responsible posting party(s) will be banned. Any public anti-BKF advertising, communication, or posts on another forum will result in permanent bans as well.

All warnings and bans are decided by individual moderators and administrators. Warnings are preferable to bans however, for serious offenses and repeat abusers bans will go into effect. The length of the bans can vary from several hours to permanent.

All messages posted or sent including through PM are the property of BKforum.com.

All BKF users agree not to advertiser on the forum (Niether by posting, private messaging or using your signature). If you are a company/attorney/legal adviser wishing to advertise on the site or sell a product, you must contact the head administrator and inquire about our advertising packages.

All bankruptcy related opinions expressed on BKForum.com are those of their authors and not necessarily of BKF, its staff or representatives.

You agree not to copy any material/post/content from BKF without written permission from our head administrator .

By posting on this forum you agree to these terms and conditions, including any punishment deemed appropriate by moderators or administrators in the event of an offense.

Administrators/Moderators can change these rules at any time without prior notice.
See more
See less

Who were approved through post BK and some details...

Collapse
This is a sticky topic.
X
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • #91
    Discharged: 11/09
    Lender: Capitol One Auto Finance
    Approved for: Up to $30,000
    Interest: 9.1% for 2010 model, 11.85% for 2009 model, 12.53% for 2007/2008 model, 13.65% for 2006-2003 model
    No money down
    Credit scores about 583 or so.


    I probably won't do this but have considered it and wanted to see what the offer would be. I was surprised to be approved, and at the rate above with no down payment. The idea of a car payment again scares the beans out of me! Lol!
    8-07-09-filed Chapter 7
    11-18-09-DISCHARGED!!

    Life is not what challenges you face, but how you face those challenges.

    Comment


    • #92
      Discharged 07 16 2010
      Approved by Capital One via Carmax 5 days after discharge
      10.80%
      $500.00 down
      72 months
      payments including 3 yr extended warranty and gap coverage=$297.04
      2009 Dodge Avenger priced around $12,859.00

      Approved by Drive Financial via Carmax 5 days after discharge
      24.99%
      $950.00 down
      72 months

      Approved at local Ford Dealership by ??? 4 days after discharge
      $500.00 down
      interest ??
      He said payments would be around $425.00 per month for $17,000.00 car that he picked out for me (Lincoln MKZ). He said if I went with a Ford Focus, he could get my payments to $350.00.
      Term ??

      Approved at local newer used car Dealership 3 days after discharge by ???
      He claims they needed at least 10% down, no exceptions.
      Approval limited to $12500.00 including tax, tags, etc.
      Last edited by mermaids614; 07-22-2010, 12:40 PM.
      Filed Ch.13 August 2008,
      Converted to Ch.7 03/31/10, 341 Meeting 05/05/2010, Discharged 07/16/2010

      Comment


      • #93
        Discharged 7-27-10
        Approved on 8-5-10 at Dodge dealership (Santander),Mitsubishi dealership (unknown) and Carmax, again Santander.

        Dodge gave me a max of 28,000 at 15% interest for 6 years, with 5000 down.

        Turned down by Capital One, letter stating I had a bad loan with them earlier (Capital One cc discharged)

        Still debating what to do.

        Comment


        • #94
          I would go to a small used car dealership or a credit union for a loan and buy a decent used car. I just have a feeling with 15% on a depreciating car, many people will wind up in debt trouble again since the monthly payment would be so high and the job market is not secure.

          Comment


          • #95
            Date Discharged: Sept 08
            Lender: Boeing Credit Union
            Date Applied For: Sept 09
            Approval Amount: $11,500
            Interest Rate: 12.9%
            Term: $235 for 50 or 62 months (can't remember)
            Never late and paid at least $50 extra every month.

            Refinanced June 2010 (we took out a loan on a pickup we had paid off so we could release the lein on the van and sell it)

            Date Discharged: Sept 08
            Lender: Local Credit Union (not Boeing, they denied our refi)
            Date Applied For: June 10
            Approval Amount: $10,100
            Interest Rate: 8.75%
            Term: $321 for 36 months

            We sold the van in July & paid the loan down to $4500. We plan to pay it off in Feb as soon as we get our taxes.
            Discharged Ch 7 9/10/08
            Livin' the GOOD life

            Comment


            • #96
              Discharged 1/17/2020
              Lender: Exeter Finance
              Approved 2/15/2010
              Interest rate: Ridiculously high at 18%
              Purchase price of vehicle $11,000

              I bought a 2004 Ford Explorer Eddie Bauer with 56K miles.

              I know I could have gotten a new car but I really wanted an SUV and I could not find anyone else that could get me into one at favorable terms.

              PMT is $343/month for 60 months. I plan to get out of it in 3 years.
              Chapter 7 Discharged 1/17/2010

              Comment


              • #97
                Originally posted by kclovis View Post
                Discharged 1/17/2020
                Lender: Exeter Finance
                Approved 2/15/2010
                Interest rate: Ridiculously high at 18%
                Purchase price of vehicle $11,000

                I bought a 2004 Ford Explorer Eddie Bauer with 56K miles.

                I know I could have gotten a new car but I really wanted an SUV and I could not find anyone else that could get me into one at favorable terms.

                PMT is $343/month for 60 months. I plan to get out of it in 3 years.

                Did you put any money down? Capital one auto finance turned us down, when I applied online. I just want something used for now, with low mileage. I wonder if we would have a better chance for approval if we drove out to a dealership and talked with someone who knows what they are doing? Surely to goodness there has to be one out there with an excellent 2nd chance financing dept. that are not places like drivetime or JD Byryder. They rob you with 29.9% interest rates at those places.
                Chapter 7 filed 2/26/2010
                341 meeting 4/18/2010
                Discharged 6/14/2010-On our way back up the ladder from a rough patch.
                FICO score goal by June 2011:720+

                Comment


                • #98
                  I put $1500 down. I worked with a Kia dealer. They had a second chance financing team. After my bk was discharged I got a lot of offers in the mail for vehicle financing.
                  Chapter 7 Discharged 1/17/2010

                  Comment


                  • #99
                    Originally posted by kclovis View Post
                    I put $1500 down. I worked with a Kia dealer. They had a second chance financing team. After my bk was discharged I got a lot of offers in the mail for vehicle financing.
                    I get a lot of offers in the mail too, and most of them are with kia/hyundai. We went to a dealership via a referral from a friend. He has bad credit and they approved him for a $30,000 mustang GT. He doesn't even have a job. He just gets a small SSI check each month. I am completely floored as to how he got approved, because they just turned us down last month. We have around $4,000 per month in income and are only looking at $20,000 cars. I understand our Chapter 7 was only discharged in June, but still...I really question a lot of these lenders and creditors...........and many question why our economy is in the toilet. Our credit went bad, due to a job layoff. We never went out buying things we knew we could not afford. We just like many others had nothing in savings to fall back on, but we learned our lesson. We learned it the hard way.
                    Chapter 7 filed 2/26/2010
                    341 meeting 4/18/2010
                    Discharged 6/14/2010-On our way back up the ladder from a rough patch.
                    FICO score goal by June 2011:720+

                    Comment


                    • Discharged 06/09
                      Credit score 623
                      Down payment $1500
                      Trade In $500

                      Financed today at Enterprise Auto Sales through Americredit. Interest is high at 21% but payments are $248 per month for 60 months. Got a 2010 PT Cruiser for $9899. No prepay penalty so it can be refinanced in time. Not bad at all!
                      12/05/08 - filed pro se
                      01/27/09 - case dismissed and closed - 02/24/09 - case reopened and dismissal vacated
                      04/01/09 - new 341 scheduled
                      6/02/09 - DISCHARGED!!!

                      Comment


                      • When giving your approval/denial info it would help if you could also give your credit score ;)
                        Filed 8/2009
                        Discharged & Closed 11/2009
                        Now the rebuilding begins....

                        Comment


                        • In Sept when we got the first loan, hubby's scores were 616, 558 & 611 and mine were 623, 617 & 566.

                          In June for the second loan they were hubby: 603, 649 & 659 and mine were: 646, 648 & 637.

                          Hubby has an income salary of $3000 gross per month and been at the job & address for 3 months (at the time) & I am a sahm. We had no other debt either.

                          Originally posted by nomoneynomore View Post
                          Date Discharged: Sept 08
                          Lender: Boeing Credit Union
                          Date Applied For: Sept 09
                          Approval Amount: $11,500
                          Interest Rate: 12.9%
                          Term: $235 for 50 or 62 months (can't remember)
                          Never late and paid at least $50 extra every month.

                          Refinanced June 2010 (we took out a loan on a pickup we had paid off so we could release the lein on the van and sell it)

                          Date Discharged: Sept 08
                          Lender: Local Credit Union (not Boeing, they denied our refi)
                          Date Applied For: June 10
                          Approval Amount: $10,100
                          Interest Rate: 8.75%
                          Term: $321 for 36 months

                          We sold the van in July & paid the loan down to $4500. We plan to pay it off in Feb as soon as we get our taxes.
                          Discharged Ch 7 9/10/08
                          Livin' the GOOD life

                          Comment


                          • Dunno if I posted it before but here is my experience:

                            Discharged per signature w/ credit scores

                            3 days post discharged:
                            Approved at Ford dealership through Americredit Finance
                            2010 Ford Edge
                            0 down
                            17.9%
                            Payment: 600 or 650 can't remember

                            March 2010:
                            Refiance above vehicle
                            Apple Federal Credit Union
                            9.7%
                            Payment: 450

                            August 2010:
                            capital one approved financing via online application
                            approved for refi and/or New dealer vehicle purchase
                            6.31% for 60 months 7.31% for 72 months
                            (Not using, was just curious only lowers my payment by 30 dollars a month)
                            BK Ch 7 Discharged 09/2009 | Anything I say can and should be used as friendly advice and sharing of experiences with an unbiased viewpoint.
                            Scores: EQ 745 EX 704 TU 710 as of 08/15/2012

                            Comment


                            • I never posted either so here goes,

                              Discharged 11-05-09
                              Credit Scores - all around 670-680.

                              Approved Capital One Auto Finance (applied Online)
                              Approved for 24k instantly

                              Interest rate: 4.42% for 60 months.

                              I am not sure I am going to use the financing, but I really want vehicle that handles winters well since I am driving more.
                              You can't take a picture of this. It's already gone. ~~Nate, Six Feet Under

                              Comment


                              • My score today through equifax is 622. I did not pay to pull all 3 scores, as equifax seems to be the one most where I live use.
                                Prior to filing I was hovering right around 500. capital one turned me down for an auto loan. Some auto loan finder place keeps calling me, but I am reading horror stories on the internet about them.
                                What about americredit?
                                Chapter 7 filed 2/26/2010
                                341 meeting 4/18/2010
                                Discharged 6/14/2010-On our way back up the ladder from a rough patch.
                                FICO score goal by June 2011:720+

                                Comment

                                Unconfigured Ad Widget

                                Collapse
                                Working...
                                X