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Old 10-07-2007, 02:51 AM
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Mami D is on a distinguished road
Default Auto Loan after Repossession?

Is it absolutely impossible to get an auto loan with a repo on your credit? there has to be alternatives if one was looking to purchase a car off of a car lot...
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Old 10-07-2007, 08:35 PM
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You can, but they'll probably want 25-30% down, and you'll pay 15% or more on interest.Depends how recent the repo was & the reasons behind it. If the finance officer has a good relationship with a lender, they can get more creative.
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