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Anonymous
Anonymous asked in Business & FinanceCredit · 9 years ago

How soon after bankruptcy can I get approved for auto financing in NY?

I'm going to need a new car soon, but I just filed for a chapter 7 how soon after I'm discharged would I be able to get approved for financing? I know the rate is going high

2 Answers

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  • 9 years ago
    Favorite Answer

    At the very least 3 full years.

    And it would have to be a car that you can easily afford with a huge down payment.

  • ?
    Lv 5
    9 years ago

    You can apply for financing any time after everything is finished, the rate would just be really high and not all financing companies would want to deal with you. Instead of getting a new car, just get a used older car and save all the money.

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