Dec 12, 2018 · You will lose your original downpayment. There is no way to get that back, unless you sue the other party. So you will need another down payment unfortunately. 3. As far as a replacment on taxes that you paid on the car, the only way you can get that back is, (a) the other person had insurance and (b) the car must be replaced within 30 days.

Oct 3, 2020 · To be honest, in your situation, I'd work on my credit first. GW letters, paying off delinquent debt, etc. In the meantime, if you really need a new car, I wouldn't get an ACTUAL new car, but rather a solid used car that you could pay cash for. If you can afford a $5-$10k down payment, then you can just use that to buy a good used car cash instead.

Jan 18, 2013 · Basically you have the cash to buy the car, but that doesnt secure anything for them because you can still do as you please with those funds. all the best, let us know how it goes! In my wallet: Discover it 6800 CL, Capital One Quicksilver Sig 5k CL, Chase Freedom 4k CL, GCU Patinum Visa 1500 CL

Jan 30, 2025 · Fact of life, you took a hit on at least one hard pull and a new loan, that will lower your score. When I bought my current vehicle a little over two years ago my scores took a pretty good whack; they slowly climbed back up until last May when I applied and got a mortgage and two new credit cards, and now, finally, my scores are approaching where they were when I bought the new vehicle.

Sep 20, 2021 · Our 341 mtg was on 8/26/2021. We converted from Chapter 13 to a 7. Our current car is IIB after paying through the chapter 13 trustee. - 6410074

Mar 2, 2017 · Hello I bought a new car 3 weeks ago, signed paperwork/contract, paid downpayment (traded in a car as the down) and drove home happy. Today - 3 weeks later I got a letter in the mail saying the application for credit/financing was denied. The first payment would be due 3/31 so I thought the lette...

Apr 20, 2015 · Say when you applied you selected that you were going to buy a new car at 60 months. They give you the rate based off of that but then say once you got to the dealership you found a late model used car that you like and now you want to finance it for 48 months, you would have to call Navy to change it and find out your new rate.

Apr 7, 2016 · You cannot get a secured line of credit using this vehicle as collateral (a "title loan" or anything similar) until you own it with no liens, so that option is out, as is a "refi" since you'll have to qualify for that credit-wise. You cannot simply assign the car note to another person without the lender being involved.

May 29, 2018 · To answer your bullet points, you need to know your actual FICO scores that's your number one task. Once you know your actual scores then you can talk to a bank or credit union concerning the APR. To explain this my FICO scores are mid to high 700's (754 to 774), my Vantage Scores are 654 (fair) - I have no idea why VS 3.0 scores me as "fair", but no lender I kno

Sep 14, 2010 · You can usually use the income as household income for the purpose of showing ability to pay debt and expenses in the household. If you have a housing payment of $2000 which you are only responsible for 50% of then the additional income can show where the ability to repay comes from.