Finally got auto financing!!!!!!!!!!

[longislandguy]

I don't know if any of you will rememebr any of my previous posts but it was nearly impossible for me to find anyone who would issue me a car loan. I tried everyone! Not even Condor Capitol or CPS or drive financial would approve me. I had low 500 scores with an open unpaid repo from 2004. Well i finally took one more shot and brought my 2000$ down with me to my local toyota dealership. Miraculously they got me approved. 2007 Toyota Camry. $2000 down, 72 months @ 18.9% but you know what ill take it. 12 months down the road ill refinance. My question is, does anyone know how long it will take for toyota to start reporting their tradeline? I just recieved a statement from them today.

[MarvBear]

hopefully it will be soon.

 

congrrrrrrrrrrrrrrrrrrrrats

[highNNdry]

Congratulation!!!!

 

If you can pay more than the minimum this will offset the high interest. You will be amazed how much $50 or $100 over the year will lower your interest accumulation.

[longislandguy]

That is the goal. My payment is $600 right now but since i am making really good money right now and living rent free right now i think i am just going to pay $1000 a month so i can get this thing paid down quick.