Post 13 car loan

[jjj117]

I thought about just posting this in the "buying a car after bk" forum, but after much reading it seems to me that the majority of that board is people after 7's. I was discharged from a 100% 13. I will need to purchase a vehicle soon. I'm just curious what kind of rates that people were able to get after a 13 discharge(a 100% one if that applies to anyone). Also I have read that Ford is bk friendly. Does that include Mazda and does anyone have any experience with Nissan post 13?

[rrockinggramma]

I went to a local credit union . They only cared about "discharge" showing on credit report, my credit score and my DTI. I got a normal credit union rate of 4.99 percent.

Ford was not friendly to me. but then I discharged them in my bk. (but I bought a Ford Focus. and I love it!!!!!!!!!!!!!!!!)

[NoTomatoCan]

What type of credit score did you need?

[77ford]

We recently got approved through Capital One @ 12.45%, kinda high but manageable. The only catch was we needed our discharge papers which we don't have yet so we didn't buy. But I contacted the trustee the other day since we have been completed since October, and she said we should be getting discharged very soon. As a matter of fact I'm supposed to email her Friday to see if it has been filed yet and she said she can email me them in a PDF file. She offered to give us a letter stating that we were approved to incur debt, but I didn't take it. I hope we can get a better rate after we have the discharge in hand.

My credit score was 651 at that time in November.

[rrockinggramma]

my credit union required any score at 600 or higher. No baddies since filing etc.

[DebtSlave]

What is a DTI ?

[forgotten]

What is a DTI ?

debt-to-income ratio.