Low FICO and Car Credit...

Posted by FirstCarAnxious (204.30.123.235) on June 08, 2002 at 19:48:25:

In Reply to: Re: Thanks VJI, Paul and WhyChat!!! Poor FICO and New Car posted by Jo on June 06, 2002 at 22:21:38:

I started by looking in the local newspaper ad section advertising secondary/second-chance car credit. I applied at two websites advertised and at a website of a neighborhood dealership (with second chance credit, also). Within 2 days and some follow-ups, I had three loan offers ranging from 9-14K (at 17.85-22.50% APRs).

I never had BK, FICO/Beacon score of 514 with derogs. I have 2 years on the job, making 40K per year.

Best of luck.

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