Jump to content

Non Prime Auto Financing News.

Recommended Posts

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Similar Content

    • By MarvBear
    • By cten07
      Anyone ever deal with these 2? Have a pending deal and saw dealer sent out to these two? Obviously sub prime but how bad. Dealer also sent out to Ally but not GM Financial which surprised me. 
    • By MarvBear
      No Paywall.
      WASHINGTON — Toyota Motor Credit Corp. will replace Mazda Capital Services as the captive consumer loan and lease financing company for U.S. Mazda dealers, according to a report filed with the Securities and Exchange Commission Wednesday.
    • By rileysoldier407
      Good afternoon all,
      I was hoping for some advice in regards to the most beneficial way to go about this.  I am offered a personal loan by AMEX with a 8% APR interest rate.  I currently have two other personal loans with a much higher interest rates which would be paid off by October of this year if I leave it as it is, or pay them off early through my tax refund.  I am looking at purchasing a new vehicle in May of this year and my utilization on my CC is right around 35%, if I take the AMEX loan, or my tax refund it would bump my UTI. to around 22% and would also actually help my DTI which is at 28% right now.  I know that Amex wont HP for the loan, so I would not add a Inquiry to my report ( I have 3 in the last 24 months across all three CRs). I am just wondering, curious how much it would negatively affect me with adding a new account/ lover my average age account that sits at 6yrs and 5months right now? I would think paying off two loans, bringing down my CC debt will give me a boost of my FICO score, right now around 710-720 across all three CRs auto enhanced.  Really just worried that seeking new credit four months before applying for a auto loan is a bad thing to do ? 
      Really would appreciate all input

  • Member Statistics

    • Total Members
    • Most Online

    Newest Member
  • Create New...

Important Information