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Hello my name is David Malan i need quick cash car title loan can anyone please suggest me the lender name and number so can i get the loan.
Hello All! I am new here and I really need some help. Back in 2011, I had a foreclosure and a repossession. Those dropped off my credit reports earlier this year. Because of those, I haven't been able to get approved for any credit except a car loan with a co-signor (American Credit Acceptance) that I had all good payment history and then paid off in 2015. I have been driving a lease car from a friend since then, so not in my name and now that friend can no longer provide the lease, so I have to buy a car. The only other item on my credit reports is a credit card my ex-wife had with my name on it as well that she ended up not paying and settling with them (about $1360).
Just pulled my credit reports. TU is 617 but both Experian and Equifax has no credit score! They say it's because I don't have enough credit history, but how can I get any if I can't get a credit card??
Anyway, I spoke with Carfinance.com and they use Experian. If I had a 500 with them, I could get a loan.
I make over $100,000/year but I am self-employed as a consultant, though it is quite regular. I am looking to borrow between $20k and $25k and I will have $10k to put down. What is my best approach to go about getting a car loan, please? I'm really at a loss here, so any help or guidance would be greatly appreciated!
I would assume that higher income means greater opportunity for credit, higher limits, etc. Other factors matter too, of course.
My reason for asking is my GF has had a pretty meteoric rise in income the last 5 years, going from around $40K to just shy of $100K.
My question is, how do creditors KNOW that other than you entering the information on applications? How would current creditors know so they might consider CLIs?
Is this sort of like a tree falling in the forest, if no one knows or hears, does it really make a difference?