Iowa - like many states – has experiences an upturn in personal bankruptcies filed since the new bankruptcy laws were passed in 2005. This left many Iowa residents looking for Iowa bankruptcy auto financing after having to surrender their vehicles to the bankruptcy to repay their creditors.
A common myth surrounding bankruptcy is that once you have filed you will not able to get approved for any type of loan for up to 10 years. This is absolutely false, there auto loans for people with bankruptcy readily available to those that know where to look. Here at BanrkutpcyAutoFinancing.com we specialize in matching bankrupt individuals with Iowa dealerships in their area willing to work with their situation.
Online Bk Car Loans in Iowa
We as a society depend on the internet to do just about everything these days; so why not use it to get a bk car loan while still in a chapter 13 bankruptcy? This biggest advantage to this is you are able to get your application to numerous Iowa dealerships in your area that specialize in bad credit auto loans. This gives you a better chance at being approved without leaving your own home.
Don’t worry about all of these credit report pulls hurting your score further. As long as your report is being pulled for the same reason and all within a 30 day period they are all grouped together as one “hit” on your report. If you were driving Iowa around from dealership to dealership it could take you longer than a month to find the right deal for you, meaning it would negatively affect your credit sore.
Get Approved for Iowa Vehicle Financing after Bk
If you are ready to get your credit back on track with vehicle financing after bankruptcy, then simply fill out and submit our quick and easy application. Your information will be sent to all the Iowa dealerships accepting bankruptcy clients in your area. You will be contacted by the dealership with the best offer for you, and you could be driving away in your new car before you know it!
Remember we are not lawyers and cannot give legal advice. The situations discussed are only our experiences over the years and may vary with each customer.