Auto loan

Posted by lal7176 (172.192.229.196) on June 10, 2003 at 23:59:12:

My husband and I owe $9,800 on our current car. We need to get a bigger car due to a new member in our family. We are looking at buying a used Mini van for around $8000. He has a bankrupotcy from over 3 years ago and a charge off that belonged to his ex-wife from a little over a year ago. We sent out a consumer statement to be placed on his credit report stating the car was her sole and separate property. Trade in value on our current car is $3300. Would we get finacning for around $15,000 and how bad would our interest rate be. We currently pay 15.95% on our current car. I recently did a credit rating check and my husband showed as a C. His credit score is 646. Thank you!

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