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Thread created 05-29-2012 by iamchialike
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Used car loan rates are generally a little higher. Shop around and see what you can get. Check to see if you can join a credit union. After you get the best rate, bring the approved check/rate and...
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Thread created 05-29-2012 by iamchialike
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If that it is accurate: 650 score, no dings in the past 6-12 months, make 50k and your DTI isn't bad then you will have no issue. You will not get a loan from Penfed so forget that.
I serioulsy...
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Thread created 05-29-2012 by iamchialike
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Be careful with certified used car programs at dealerships. Those programs often mean nothing.
If it were me, I'd skip the dealerships all together and consider private sellers only.
...
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Thread created 05-29-2012 by iamchialike
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Thanks i'll check out that website later on. I probably could spare up to 3000 on a downpayment.
I have about 7 years of credit history, so i have somewhat of a history. Thanks
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Thread created 05-29-2012 by iamchialike
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Hello fellow slickdealers,
I am reaching out for some assistance because my head is beginning to spin trying to gather as much advice from existing auto load threads.
I am currently looking...
Auto Loan Advice
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Thread created 05-29-2012 by iamchialike
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Are you able to buy from a private party with cash? As they say, money talks, BS walks. You can really negotiate lower prices when you start peeling those hundreds from your wallet. I'm not that...
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Thread created 05-29-2012 by iamchialike
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Disagree on the co-signer. First, you are an adult who makes decent money. Second, if the worse happen you don;t want your parents to be stuck with your debt.
With your numbers, you will no issue...
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Thread created 05-29-2012 by iamchialike
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get any bank to loan you the 8500. Buy the car, flip it for 11,000. Pocket 2000 after tax, transfer fees, loan docs, etc.
Get yourself a 2000$ car.
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Thread created 05-29-2012 by iamchialike
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Yeah i have definitely notice used car loads are typically higher. Thanks!
Thanks for the heads up, i guess i'll be scratching off penfed. I have no outstanding loans (other than my student...
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Thread created 05-29-2012 by iamchialike
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Sounds to me like borrowing money for a car, based on your previous problems with credit , would be another bad decision.
Auto Loan Advice
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Thread created 05-29-2012 by iamchialike
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Unless you are in the 700's Penfed won't look at you.
May be a better place for info.
http://creditboards.com/forums/index.php?showforum=17
What does PNC say rates for your Zip are?
Auto Loan Advice
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Thread created 05-29-2012 by iamchialike
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Do you have enough credit history? If you are in your early 20s, perhaps see if you can cosign w/ parents? I myself lacked the credit history to app for an auto loan myself, but when cosigned, I was...
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Thread created 05-29-2012 by iamchialike
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sounds like it is too much car for you even if it is a lowered price because you are family. buy a dinker for cash then work your way up when your situation improves. why do you want to make interest...
