Bankruptcy and auto loan
Date: Tue, 03/09/2010 - 03:09
I filed chapter 7 and got discharged in Oct 2009. Just after that I had to buy a car to take me to work. We all know how hard it is to get an auto loan right after a bankruptcy, so I got a dealer financed car with very high rates. I was just wondering if it is possible for me to refinance my car at a lower rate now.
You are going to have to wait at least 12-24 months after your b
You are going to have to wait at least 12-24 months after your bankruptcy to even attempt a refi and even then I wouldnt hold my breath. Creditors will see you as a credit risk.
