Rhode Island Bankruptcies on the Rise

Rhode Island Bankruptcies on the Rise

Rhode Island BankruptciesRhode Island may be small, but its over 1 million residents were hit hard by bankruptcy in recent years. In 2012 alone there were over 3,000 bankruptcy filings, with 85% of them being Chapter 7. If you have filed bankruptcy recent in Rhode Island, and need a car loan, there are options available to you.

Chapter 7 Auto Loans

Although traditional lenders are going to see you as a high risk borrower, it is possible to obtain car financing after bankruptcy discharge. Chapter 7 bankruptcy only takes a few months to be discharged, so you should typically apply for financing after your bankruptcy is complete. The bankruptcy will still have a negative affect on your credit, but an online lending service such as BankruptcyAutoFinancing.com can make it easier to obtain a loan.

There are several things that we will take into consideration when you apply for a loan through us. You will need to be able to meet the following requirements:

    • At least one year with your current employer.
    • Minimum gross monthly income of $1,500.
    • Money down may be required.
    • No repo in the last year unless part of a bankruptcy.
    • No motorcycle or private party purchases.
    • Must reside in the United States or Canada.

 

Apply for a Rhode Island Auto Loan

Using our online service is the easiest way to apply for a Rhode Island bankruptcy auto loan. Rather than waste your time trying to find a lender in Providence, North Smithfield or Middletown who will work with you, let us do it for you! We have over 10 years of experience in bankruptcy car loan assistance, and can get you the best auto loan possible.

To get started, simply fill out our quick and simple auto loan application. Our team of experts will get to work finding the right lender for you. You may be able to drive away in a car the same day you apply. Don’t waste any more time, apply today!

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.

Auto Loans After Bankruptcy

Apply & Drive Today