This question is for Finance Mangers. Can you please answer?

I tried to restablish my credit buy applying for new credit and paying everything on time. It went well for 2 years then I became unemployed. I drew my unemployment for 6 months then I had to live off my savings for 1 year. Every bill that I had fail behind 2-3- months including my car payment. The car was repoed and the credit card payments fail behind. When I filed my taxes in 2006 for the little money that I did make for half of 2005 I took every dime of it and paid off every credit card that I had. When the car was repoed, believe it or not lucky for me it was auction off for more then what was owed and I receive a check from Ford Motor Credit company for $347.00. Everything on my credit report may show negative but everything is now showing paid with a zero balance on everything. I now have no debt to pay. What are my chances of getting another vehicle? After everything was paid off, you would think I filed a chapter 7 with all of the credit card offers I get.

This question is for Finance Mangers. Can you please answer?bridge loan

you can get a loan for a car, but you%26#039;ll pay a really high interest rate. ridiculously high! get a used car you can pay cash for and don%26#039;t get any more credit cards.

That stuff will remain on your credit report for at least 7 yrs. Until you can hold a job for at least 2 yrs, most creditors won%26#039;t take a chance with you. and read those credit card offers carefully. some charge fees as much as $300 to give you that card.

This question is for Finance Mangers. Can you please answer?

loan

Apply at www.lendingtree.com, and see what offers you get. Tell lender #1 they will have to beat lender # 2 deal to earn you biz. You can get up to 4 offers so you play one against the other until you get a good rate. Larger downpayment helps too, it shows you are serious this time!|||There are companies that will and will not finance a car for you. There are places like ugly duckling that sometimes even finance people in heavy debt.

However, since you managed to clean up after yourself, you will get financed almost anywhere but you will get a higher interest rate. Not incredibly high like those who actually still have bad debt.

Good Luck