Questioning about Discharged Debts...getting a car loan
I have been car shopping and I have been very irritated at some of these so-called lenders. I was completely caught unaware with their questions and attitude. This is the first place I have had that problem, no where else have I had this problem.
I went in last night to purchase a car. I was told by phone I was approved and come and pick out your car.
I go there, I was interrogated about my discharged debts, about my budget, and I got mad and started firing back at them about their procedures. I felt as though I was going through an interrogation. My 341 was this bad.
Needless to say, I left. Good thing, they wanted to 24.9% for a car loan.
Can they ask about discharged debts? If they can, how do I handle them?
The debts they brought up:
1) Judgment for a car title loan in 1999 I took out for my fiance, Fiance left town with car, left me holding the bag: Judgment voided through BK court, discharged through Ch 7.
2) Ugly Duckling, I bought a 1992 buick lesabre in 1998, hit a concrete wall in October 1999, totalled the car, insurance paid off part of note, left a balance of $3,000, discharged through BK
3) Bought October 1999, The car I bought to replace the Buick, my daughter wrecked it in January 2000, car was fixed, but I was unable to keep up the payments due to the fact that we were living in a hotel waiting to close on our house. Car was repossessed. Balance discharged in BK.
I went in last night to purchase a car. I was told by phone I was approved and come and pick out your car.
I go there, I was interrogated about my discharged debts, about my budget, and I got mad and started firing back at them about their procedures. I felt as though I was going through an interrogation. My 341 was this bad.
Needless to say, I left. Good thing, they wanted to 24.9% for a car loan.
Can they ask about discharged debts? If they can, how do I handle them?
The debts they brought up:
1) Judgment for a car title loan in 1999 I took out for my fiance, Fiance left town with car, left me holding the bag: Judgment voided through BK court, discharged through Ch 7.
2) Ugly Duckling, I bought a 1992 buick lesabre in 1998, hit a concrete wall in October 1999, totalled the car, insurance paid off part of note, left a balance of $3,000, discharged through BK
3) Bought October 1999, The car I bought to replace the Buick, my daughter wrecked it in January 2000, car was fixed, but I was unable to keep up the payments due to the fact that we were living in a hotel waiting to close on our house. Car was repossessed. Balance discharged in BK.
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