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Another Car Loan?

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What is the name of your state? Indiana

Hi all. I just wanted to get your opinion on something. I reaffirmed on my current vehicle. I will still continue to make payments for two more years. However, since we are expecting I would like to get a mini-van. I am not going to trade in my car. We can afford another car payment, but I am not sure how easy it is to obtain a car loan right after receiving discharge. I have not received my discharge papers yet,I have about 30 more days to wait. Do any of you have experience with this? I really don't have the extra cash for a down payment, is that normally required with people just out of BK? Will the interest rate be over 19%??? Just trying to get an idea.Thanks for your help!





With no down payment expect to pay 16%-19% finance over 12-24 months. Some dealers are more bankruptcy friendly than others.

Don't fall into the car trap (always being upside down) again.

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