As the saying goes, “when it rains, it pours.” Not only do you have a Chapter 7 bankruptcy that was filed, now your auto has finally died. Is it even possible to finance a used car with this significant blemish on your credit report? Thankfully, there are dealerships, that offer auto loans after bankruptcy in Everett / Snohomish County.
Realize, though, that you are now a significant risk to a dealer even though this financing is available because of your failure (no matter what the reason) to manage your debts successfully. To cover himself, a dealer typically requires you to supply more of a down payment with a higher interest rate than he would for someone with a better credit history.
Waiting as long as you can after your bankruptcy filing is your best option. However, that is not always possible. If you need a car sooner rather than later, you must attend a 341 meeting. This consultation is very important in that it permits a court trustee to examine and validate your assets and supply information about your debt situation.
Give this information to a dealership with a down payment and other necessary paperwork to qualify for a loan on a dependable car that will meet your transportation needs.
Speak with the sales professionals at Carson Cars at (855)583-9356 about auto loans after bankruptcy in Everett / Snohomish County. We can offer financing to help rebuild your credit and also supply your choice of vehicles from or large inventory. Call us or stop by today!
This was the best car purchasing experience I have ever had and I used to work in car dealerships! An amazing and super nice and helpful crew. I was the first sale for the new sales guy, today was his 1st or 2nd day at work and with his mentor it was fun! And the finance gentleman was so thoughtful and considerate. They really met my needs and I am very grateful. Highly recommend Carson Cars! Ty guys!!