top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

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

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

  • Johnworker1
    replied
    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)

    Leave a comment:


  • imokay
    replied
    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.

    Leave a comment:


  • Greys0n
    replied
    why do you need that?

    Leave a comment:


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

    Leave a comment:


  • TheFalcon
    replied
    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.

    Leave a comment:


  • ChescoChris
    replied
    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
    Last edited by ChescoChris; 10-31-2015, 04:10 PM.

    Leave a comment:


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

    Leave a comment:


  • jgeddes
    replied
    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

    Leave a comment:


  • klandsb
    replied
    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....

    Leave a comment:


  • FullBoost
    replied
    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

    Leave a comment:


  • lomalindabk
    replied
    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.

    Leave a comment:


  • lomalindabk
    replied
    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.

    Leave a comment:


  • Junes
    replied
    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

    Leave a comment:


  • hrguy
    replied
    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

    Leave a comment:


  • ksgirl38
    replied
    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

    Leave a comment:

bottom Ad Widget

Collapse
Working...
X