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when you have a bankruptcy what car company has the most liberal credit term?

This is a discussion on when you have a bankruptcy what car company has the most liberal credit term? within the Credit forums, part of the Main Category category; i have been discharged...





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Old 12-22-2008, 11:13 PM   #1
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i have been discharged
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Old 12-22-2008, 11:16 PM   #2
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None of them. The financing is through some bank or another that the dealer has a working arrangement. Unfortunately, credit scores play a big part in determining the terms of any financing you can get. Negative hits on your credit reports will get you only high-rate financing offers. I've been through all this, and after fast forwarding the tape to years later, after I had rebuilt my credit to a well-above average credit score, I was able to walk into a dealer and say I would not put even a single penny down plus chop a few thousand off the dealer's price and get a decent rate on a 100% loan where everything was financed, even the title fees, tax and registration. I walked out a few hours later with a brand-new vehicle and not a dime out of my pocket. But the bankruptcy has to disappear first, and that takes 10 years, and with that sort of thing on the credit report there is no such thing as a liberal credit term: it is vultures circling the dying straggler in the desert.
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Old 12-22-2008, 11:16 PM   #3
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Not to sure but, the Ford Co. has recently experienced a shortage in sales in recent months, at least 25%
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