Wednesday, February 22, 2012

How to Finance an Auto Loan After Bankruptcy

There are a lot of things that you can do to make financing an auto loan after bankruptcy a smoother and easier process, and hopefully help you get a lower interest rate. First of all, shop around and compare at least five different companies. Be up front about your bankruptcy since they?ll see it regardless, but don?t make it the only thing you talk about. In an ideal situation when you go to get a bankruptcy loan for a car you will have done some improvement that you can point out on your credit report, like with a secured credit card. One of the other big things you can do for yourself is to have a good sized down payment.

Source: http://www.colininjapan.com/finance-and-money/how-to-finance-an-auto-loan-after-bankruptcy/

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