Recently discharged from bankruptcy and looking for a fresh financial start to rebuild your credit score? Apply for a bankruptcy auto loan online from one of our many Albuquerque, NM lenders that offer a fresh start program.
Fresh start programs are offered to debtors suffering from poor credit for a number of reasons: bankruptcy, repossessions, missed or late payments, and foreclosure. Our network of subprime lenders specializes in these loans and - if you meet our minimum requirements - can get you approved even if you’ve been turned down from major banks.
- Gross monthly income of $1,600
- At least one year with current employer
- No repossessions within the last year (unless included in bk)
- Resident of the United States or Canada
How can Bankruptcy Auto Loans in Albuquerque Help Me?
Many bankruptcy filers fear getting a new line of credit after their discharge because of the high interest rates and short terms associated with the loans. The fact is, the sooner you apply for auto financing following bankruptcy the sooner you can rebuild your credit score back into good standing.
A car note is an installment loan which means you pay a fixed amount of money for a fixed amount of months. This is one of the two types of credit that the credit bureaus use to determine your score; and it generally helps you more than revolving credit such as a credit card.
Albuquerque Car Notes after Bankruptcy
You can drive from dealership to dealership to find one that will overlook your bankruptcy and approve you, but that takes time and can be a big hassle. Here at BankruptcyAutoFinancing.com we work with a network of lenders in Albuquerque that have the fresh start programs and will give you your best chance at an approval.
Our online application is fast, easy, and secure and you will be able to see what you could pre-qualify for within seconds. Once we receive your information we will match you with a dealer closest to you and you could be driving away in your new car in no time.
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.