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

[Johnworker1]

Date Discharged 10/7/23
Lender: Capital One Auto
Date Applied 10/28/23
Approval Amount 32K
Interest Rate 11.9%
Term 60 month no money down (mistake)

[imokay]

It doesn't look like anyone has posted here in a while, so I'll add my recent experience

Date Discharged: 11/18/2020
Lender: Capital One Auto
Date Applied For: 11/21/2020
Approval Amount: 11,898
Interest Rate: 8.92%
Term: 48 months

2015 Subaru Crosstrek sale price $14,000. Trade in was valued at $4,000. I had a Cap1 card included in my bankruptcy but they financed me anyway.

[Greys0n]

why do you need that?

[MizErin]

Date Discharged: 2/20/2016
Lender: Wells Fargo
Date Applied For: 3/30/2016
Approval Amount: 27K
Interest Rate: 12.2%
Term: 72 months

[TheFalcon]

Date Discharged: 2/8/2016 (Chapter 13)
Lender: Federal Credit Union
Date Applied For: 2/10/2016
Requested: $25k
Approved for: $30k
Needed/Used: $24k
20% down
Interest Rate: 6.69%
Term: 72 Months.

Chevy Colorado Z71 MSRP $31k
after negotiation and trade in price $29k

I went to the FCU first to see if I could even get approved before wasting a dealerships time. They said since it hasn't been 7 years since declaration, that I would need to put some money down, loan officer did not specify how much, because I interrupted her and told her I already planed and saved to put 20% down.

[ChescoChris]

Date discharged: 10.22.15 (chap 13)
Lender: Ally
Date Applied: 10.31.15
Approval: up to $40k (used $15k)
Rate: 4.9%
Term: 48 mos
Credit score: 736

Ford Cerified used 2013 Escape... To be fair, I put 20% down which I think helped the interest rate

[klandsb]

Wow jgeddes that rate is so high... I got approved @ 4.69% for 60mths...

[jgeddes]

Hi,

Date Discharged: June 4 2015
Lender: Capital One
Date Applied For: June 13 2015
Approval Amount: 25,000
Interest Rate: 13.5 %
Term: 72 months

[klandsb]

Fullboost. Thats encouraging .. My vehicle has been nickel & diming me thru the last year of my BK ... Its an 2004 Jeep . Looking forward to being able to secure financing once I get my discharge. Already spoke with my credit union and they stated to let them know when I have discharge papers in hand. I have put money back & with my income tax refund should be able to put a nice chunk plus some trade in money down. Hopefully my discharge w/be in April... 5 mths & counting since my last payment..I just received a check this week from trustee office for the credit I was carrying ($950)to balance out my BK case too zero....

[FullBoost]

Date Discharged: 02/10/15 (Chapter 13)

Lender: Federal Credit Union

Date Applied For: 02/25/15

Approval Amount: $65,000

Interest Rate: 2.24%

Term: 84 months

Vehicle: 2015 Dodge Challenger Hellcat
Price: $65,870
Down: $12,000

[lomalindabk]

Chapter 7 file June 22, 341 hearing July 28, Open Chapter 7
Car: 2014 Honda Civic EX
Used Costco Auto Price program, MSRP of $21,880, Purchase price $18,590 plus $590 GAP
Loan App Aug. 13
Lender: Consumer Portfolio Services
Down payment: $3,000
Financed amount: $18,190
APR: 14.7 percent
Monthly Payment: $429
Term: 60 months
Opted not to take 72 months at $380 a month
Equifax Auto Enhanced Score: 577
Transunion pulled but not used: 641

I'm sure the dealer added a couple of points to APR, as the offer was for an APR of 15.7 percent without the GAP, 14.7 with the GAP. I suspect CPS APR was around 12 percent.

Will try to refi with Cap One in six months. Dealer F&I guy said he thought I could get below double digits with Cap One in four to six months.

Chapter 7 filed in Central California District, no issue in buying in No Asset Chapter 7, Trustee report on 341 hearing lists no assets, no distribution. Asked attorney three times if I needed trustee approval and was told absolutely not each time.

Dealership would have done deal prior to 341 hearing.

Slated for discharge Sept. 26.

Bought a used 2011 Corolla at 24.9 APR through Chrysler Capital in April 2013. CC is a subsidiary of Santander. Tried to get modified terms for a reaffirmation, best they would do is not lower principal at all and 20.2 APR. Called them today to arrange surrender.

Oh...F&I guy said if I had waited until after discharge, I would have probably looked at APR around 12, but I wanted to take advantage of Honda summer clearance in combination with Costco pricing.

[lomalindabk]

Chapter 7 file June 22, 341 hearing July 28, Open Chapter 7
Car: 2014 Honda Civic EX
Used Costco Auto Price program, MSRP of $21,880, Purchase price $18,590 plus $590 GAP
Loan App Aug. 13
Lender: Consumer Portfolio Services
Down payment: $3,000
Financed amount: $18,190
APR: 14.7 percent
Monthly Payment: $429
Term: 60 months
Opted not to take 72 months at $380 a month
Equifax Auto Enhanced Score: 577
Transunion pulled but not used: 641

I'm sure the dealer added a couple of points to APR, as the offer was for an APR of 15.7 percent without the GAP, 14.7 with the GAP. I suspect CPS APR was around 12 percent.

Will try to refi with Cap One in six months. Dealer F&I guy said he thought I could get below double digits with Cap One in four to six months.

Chapter 7 filed in Central California District, no issue in buying in No Asset Chapter 7, Trustee report on 341 hearing lists no assets, no distribution. Asked attorney three times if I needed trustee approval and was told absolutely not each time.

Dealership would have done deal prior to 341 hearing.

Slated for discharge Sept. 26.

Bought a used 2011 Corolla at 24.9 APR through Chrysler Capital in April 2013. CC is a subsidiary of Santander. Tried to get modified terms for a reaffirmation, best they would do is not lower principal at all and 20.2 APR. Called them today to arrange surrender.

[Junes]

Date Discharged: 6/3/2013
Lender: Ally Financial
Date Applied: 10/1/2013
Approval Amount: 20K (I only asked for 16k)
Interest Rate: 12.9%
Term: 72 months
Payment: $353.00 (I financed for 5 months and paid off BTW)

Date Discharged: 6/3/2013
Lender: GM Financial
Applied for: $17,000
Interest Rate: 9.5%
Term: 60 months
Payment: 346.00

[hrguy]

Date Discharge: 07/2012
Lender: Honda Financial
Date Applied For: 11/20/2013
Interest Rate: 1.95%
Term: 36 months
Score: 665

Second Lease Approval since Discharge. First was with Toyota 3 months out of discharge, traded for a new 14 Accord EX-L

[ksgirl38]

Date Filed: 7/12
Date Discharge: 10/12
Lender: Toyota
Date Applied: 8/13
Interest Rate: 0%
Term: 60 months
Score: 691

Lender: Chase
Date Applied: 9/13
Interest Rate: 3.9%
Term: 60 months
Score: 692

Lender: Community America
Date Applied: 10/13
Interest Rate: 2.9%
Term: 60 months
Score: 697