Preparing for Auto Loan?

I have just about paid off my car, and will want to buy a new car later in the year. My credit score is in the low 500%26#039;s right now, and husbands is in low-mid 600%26#039;s. I%26#039;m trying to pay off some of my credit card debt (I have 3 cards with about 2300.00 in debt), and our secured installment loans (have 4, at around 4000). We only like around 5 more months to have the installment loans paid off and the cc debt paid down (not off). I%26#039;m trying to do all this to have a better debt/income ratio. I think my vehicle will be worth around 4000 at trade in. We also have a mortgage (175,000) and another auto loan (24,000) and have established credit for 10 years. Bad thing is we have a bankruptcy that is 6 years old. What are my chances of getting an auto loan? I know that the interest rate will be higher than I%26#039;d like, but I just don%26#039;t want to deal with the hassle at the car dealership and them trying to get me to buy a different car.... We make 75K per year. ADVICE PLEASE!

Preparing for Auto Loan?

when dealing with a dealership,they cant make you swap for a car you dont want-just dont do it.be sure to put hubbys info first and co-sign the note with him.your income will definitely help and be sure to bring proof of it with you to the dealership.chances are good,just dont settle for something that you dont want.

Preparing for Auto Loan?

Do you really need a new car? what is wrong with your old car? You have a lot of debts and I don%26#039;t think you could afford a new car financially.

Preparing for Auto Loan?

With your credit rating, forget it. Sorry, but unless you are in the 720 range, you won%26#039;t be able to get financed. Drive what you have for a while and put what you pay for the payment into paying down your credit card debt. In 4 years your bankruptcy will drop off your record which should improve things for you, and if you have your credit cards paid off by then, then would be the time to look towards a new car, not now..

Preparing for Auto Loan?

All mortgage loans are not created equal. If you are looking for a loan, you have probably discovered the array of loan types and options. It can be confusing forthe first-time borrower%26lt;!--and even for those with more experience! Here, we will discuss the different types of loan options, and how they work. Basically you will find everything you need to know about mortgage here,

http://mortgage-loans.awardspace.com/

First, there are two main broad categories of mortgage loans: government loans (FHA, VA, and RHS, or Rural Housing Service loans) and conventional loans (all other loans). In general, government loans have low or no down payment requirements for the purchaser--%26gt;and are easier to qualify for than conventional loans. They are also guaranteed to the lender, which allows the borrower to obtain more favorable loan terms.