| It's no secret that bankruptcy takes a toll on | | | | The fact is owning a vehicle is essential for most |
| your credit score. Your credit score also known | | | | Americans. Whether you live in New York city or |
| as your FICO score is a number between 300 to | | | | the suburbs of Houston, Texas, having your own |
| 850. A 300 FICO score is the lowest FICO score | | | | car, means getting to places on time - especially |
| that you can have. The higher your FICO credit | | | | work. You can rely on buses and trains to get |
| score, the better. | | | | you to your destination but everyone knows that |
| A person with a credit score above 670, is | | | | you are the whim of public transportation, which |
| considered to have a good credit score and can | | | | can be unpredictable. |
| therefore apply for car loans, mortgage loans, | | | | If you have a low credit score below 600 or |
| personal loans, debt consolidation loans, etc, with | | | | slightly above, the best way to find a new/used |
| no problems. In addition, people with good credit | | | | auto loan or auto refinance loan, is to do your |
| scores get better interest rates on loans than | | | | research. Simply put, take advantage of internet |
| people with problem credit. | | | | resources. Why waste time calling multiple auto |
| If you recently filed for Chapter 7 bankruptcy or | | | | lenders that are listed in your local phone book, |
| Chapter 13 bankruptcy, you may be worried | | | | when you can apply for an online auto loan and |
| about your ability to obtain financing for a new | | | | get a response in a few days or 24 hours. |
| used car or refinance an existing auto loan. | | | | |