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Sunday, March 14, 2010

I have a credit rating of 609 is there a good chance i can get financed for a car worth about?

$8,000 with $1,000 down?

I have a credit rating of 609 is there a good chance i can get financed for a car worth about?
Your 609 score is too low...


You can use credit repair agency to fix your credit - for example this one - http://creditreport.imess.net - They can clean lots of bad stuff from your credit report - and do it much faster than yourself, so your credit will go up fast.


After credit repair you can get the loan with minimal interest rate.
Reply:There are several factors, but...





Unless you have been delinquent on a previous auto loan (and you have a low debt-to-income ratio/enough income) you should be able to finance $20k without a problem. Banks look for current delinquencies/collections accounts and late payments on mortgage/auto loan.





Most 700 scores are the same, but every 609 is a bit different.


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