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PostPosted: Wed May 05, 2004 5:29 pm 
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Joined: Fri Sep 20, 2002 12:49 am
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Location: North Mississippi
Does anyone know of any places out there that will finance somebody with pretty bad credit? Not car lots, cause I'm not about to drive to Oregon or anything, but like finance companies that do business nation wide.

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PostPosted: Thu May 06, 2004 7:14 am 
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Joined: Mon Nov 18, 2002 8:43 am
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Location: Rockford IL
Theres a common misconception of financing. Your payment history doesnt matter as much as your debt ratio. If you income to debt ratio is good, lenders will over look some bad payment history. You will however have a high interest rate because you would still be considered a high risk borrower. Your best opption is the bank you use for savings/checking. They already know where your moneys at. Been through it myself. Good luck.


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PostPosted: Thu May 06, 2004 8:11 am 
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lol... no you don't understand.... I have no debt and have had no debt in 3 years since my bankruptcy. No one will touch me because of that.


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PostPosted: Thu May 06, 2004 8:34 am 
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My wife filed bankruptcy and 2 years later got $5K from Citi Bank. You might wanna try there. :)


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PostPosted: Thu May 06, 2004 8:53 am 
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So they rolled your old debts out past 3 years. I see now. Now it depends on how many years your old debts were set to be collected. You will have to search a bit, but youll find someone. Citi bank would be a good one to try as the other feller mentioned.


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PostPosted: Thu May 06, 2004 10:01 pm 
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Try Beneficial. Also seems like there is a place called United Finance or something like that. I think they are all over. There was a place by Ft. Ord and by Ft. Hood anyway. HTH

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PostPosted: Fri May 07, 2004 3:21 am 
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I actually talked to my father in law. He knows the owner of a little car lot in town. Went and talked to him and he said he was gonna help me out.

I'm getting a 99 Silverado Extended Cab Z71. 11Grand, and he'll finance me himself. 225 a month with 500 down plus 500 for my (shitty) car. Can't beat that in a pinch.


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PostPosted: Fri May 07, 2004 7:01 am 
Glad to hear it and congrats on the truck...those truck are sweet..... :D


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PostPosted: Fri May 07, 2004 9:12 am 
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Thats a good deal at the right time.


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