I’ve tried several lenders and nobody will approve a loan for me because of my credit history. I’m paying my debts on time now, but it doesn’t show on my credit report. My auto lease is up on 4/12 and I need to get a loan to purchase my car ASAP. Please help, I’m running out of time.
Serious answers only please -thank you!
Try lendingtree.com–they’ll put 4 lenders in line for you to choose–sent me to Roadloans, Wells Fargo, Capital One–got a better interest rate, smaller payment, and 48 instead of 60 months!!!!
Why do you want to purchase your car at the end of a lease?
Have you had the car appraised by a dealer to know if the buyout amount is a good deal?
Most of the time the lease residual is higher than the trade in value of the car so it is a bad deal to buy out your lease. I have leased cars twice and will never do it again.
Have you made all of your lease payments on time? If so you can probably get a dealer/credit union to finance a new/used car purchase.
Good Luck