Buying a car is one of the biggest purchases someone makes in their life and can be a very exciting adventure, but when you have a bankruptcy on your credit it might not be so fun. But, here at BankruptcyAutoFinancing.com we can help make the process easier for those Boise, Idaho residents looking for an auto loan with bankruptcy on their credit reports.
What does a Boise Bk Loan Require?
While some lenders require that you have your discharge papers in hand when applying our Boise lenders don’t. The Boise lenders we work with are part of special programs that allows them to grant loans to those looking for auto financing during bankruptcy. But, there some requirements to meet before being approved and they are as follows:
- At least one year with your current employer
- Minimum gross monthly income of $1,500
- Down payment (may or may not be required)
- No repossession within a year (unless included in bk)
- No motorcycle or private party purchase
- Must reside in U.S. or Canada
If you meet these requirements you are one step closer to getting into the car of your dreams regardless of past bankruptcies. Our Boise, ID lenders can not only get you into a car, but they can get you into a car with an affordable payment to fit your financial needs. Although the interest rates on bad credit loans are higher than the rates offered to a good credit buyer, they are affordable and the lenders can work with your situation.
Apply for Boise, ID Bankruptcy Car Loans
If you’re ready to get back on the road in a new affordable car payment then apply online today. Fill out the quick and simple application to see how much you could pre-qualify for then use the bankruptcy auto loan calculator to see what your payments would be.
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.