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Car Loan After Bankruptcy | RoadLoans – The process for buying a car after bankruptcy . Filing for bankruptcy and wiping out your credit score, as well as your debts, can be stressful. On top of that, attempting to make a major purchase like buying a car can seem daunting. But here’s some positive news. Getting a car loan after bankruptcy is possible in many cases.
If you’ve filed for chapter 7 bankruptcy or are thinking about it, you may want to know what your options are around keeping or buying a vehicle.This article will provide you with information around the most common issues like buying a car before filing, whether you can keep your car, how to protect your car, how long you have to wait after filing to purchase a vehicle, and how to protect.
I just purchased an 07 Honda Accord EX-L. My current interest rate is 24.99% because I was a first time car buy with a fair credit score. Should I refinance my loan now through something such as Blue Harbor (Provided by Credit Karma) down to 4.99% or should I wait lets say 6-12 months paying it off at the 24.99%?