I have shared in the past about Chris my husband and I going through a bankruptcy and trying to real build credit and make large purchases like a house and car. We will be two years out of bankruptcy this coming March.
So many people can relate especially here lately with the economy going through so many ups and downs. Americans from all walks of life are expericing life after bankruptcy, bad credit, no credit and more. The important thing is too know you can get a car loan with bad credit or while in credit repair. I am not talking about a junker either that might not even make it home for triple the price please stay away from those shady places that tell you that is all you can have and you can trade it later.
In fact if you do your research you will find companies like asankacars that can help you get a luxury car of your dreams. Yes interest rates might be higher than someone with perfect credit but that is too be expected. Chris and I purchased a really nice year old truck with a decent down payment not long after bankruptcy. We worked very hard at paying it off and that is what has done wonders for the credit ratings we have now.
In fact the current credit score we have is better than when we first filed. We both contribute that a lot to the auto loan. Six months into the auto loan we did refiance for a lower rate. Once we had established we could make on time payments.
I like working with companies such as asankacars.com that provide lots of information when helping you find a loan. They look at your whole situation not just the number. Everyone deserves a second chance in life especially when it comes to something like a credit score.
Feel free to leave me any comments or questions you might have below. I have been through this like so many and am more than willing to help others get on the right credit path or achieve a dream.