Sunday, May 11, 2014

Can I finance a used car with bad credit?


My credit score is 566 and I have filed for chapter 13 bankruptcy this year. I am still able to buy nice things, go out and live life just as I have before I filed for bankruptcy. I just took too many credit cards out and spent too much money and was unable to make all of the payments on the cards monthly. I own 2 new cars I bought. A 2012 honda accord and a 2013 honda civic. I am paying them off currently. I own a house still paying the mortgage. My home value is a little over $200,000 and have lived here for 15 years. My combined salary is almost $100,000. I expect to be out of bankruptcy by year 2020. Basically what I am asking is will they let me finance a used car for $10,000. I am wanting to finance a car from carmax. Do you think they accept me?

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