We have a condo that is going on forecloser, can we still get an Auto Loan?
Published Friday, 24 September, 2010 by David Ortiz. Categories: Finance.
Question from Grace in Chicago:
"My husband has bad credit, a credit score of 560 and could not get approved on a auto loan. My credit score is lower and I already have a car loan under my name. We have a condo that is going in foreclosure, our tenant stopped paying us 5 months now. We can't afford the mortgage, tax & assoc of at least $1500 a month but we can afford an auto loan."
"My husband has bad credit, a credit score of 560 and could not get approved on a auto loan. My credit score is lower and I already have a car loan under my name. We have a condo that is going in foreclosure, our tenant stopped paying us 5 months now. We can't afford the mortgage, tax & assoc of at least $1500 a month but we can afford an auto loan."