Archive for the ‘Buying Selling’ Category
SOLD CAR ONLINE EBAY?
Keli asked:
HIGH BIDDER GOT APPROVED BY HIS CREDIT UNION FOR AN AUTO LOAN OF $25K. CREDIT UNION HAD ALL DOCS FED EX’D TO US TO GET SIGNED AND NOTORIZED, WE DID. WE SOLD TRUCK TO HIGH BIDDER FOR $27K, WE STILL OWE $25K ON THE TRUCK IN WHICH THAT IS WHAT HE HAD TO GET A LOAN FOR TO PAY OFF OUR NOTE. 2 DAYS LATER NEW BUYER/HIGH BIDDER CAME TO PICK UP TRUCK GAVE US THE $2000 CASH OVER WHAT WE OWE ON IT WITH THE DOCS STATING THAT HIS CREDIT UNION WOULD BE FED’EXING THE PAYMENT TO GMAC, THAT HAS NOT BEEN DONE AS OF DATE AND ITS BEEN WELL OVER A WEEK, NOW THE NEW BUYER WILL NOT RETURN MY CALLS OR EMAILS AND WE STILL OWE GMAC, WHAT DO WE DO?
Its not being paid by him with a check it is being funded by his credit union and we signed a poa so that the title company at the credit union could sign without us present. Its kinda like buying a car at a dealership you trade in your car, get a new car and then the dealership has to pay off your car…..same scenerio,
HIGH BIDDER GOT APPROVED BY HIS CREDIT UNION FOR AN AUTO LOAN OF $25K. CREDIT UNION HAD ALL DOCS FED EX’D TO US TO GET SIGNED AND NOTORIZED, WE DID. WE SOLD TRUCK TO HIGH BIDDER FOR $27K, WE STILL OWE $25K ON THE TRUCK IN WHICH THAT IS WHAT HE HAD TO GET A LOAN FOR TO PAY OFF OUR NOTE. 2 DAYS LATER NEW BUYER/HIGH BIDDER CAME TO PICK UP TRUCK GAVE US THE $2000 CASH OVER WHAT WE OWE ON IT WITH THE DOCS STATING THAT HIS CREDIT UNION WOULD BE FED’EXING THE PAYMENT TO GMAC, THAT HAS NOT BEEN DONE AS OF DATE AND ITS BEEN WELL OVER A WEEK, NOW THE NEW BUYER WILL NOT RETURN MY CALLS OR EMAILS AND WE STILL OWE GMAC, WHAT DO WE DO?
Its not being paid by him with a check it is being funded by his credit union and we signed a poa so that the title company at the credit union could sign without us present. Its kinda like buying a car at a dealership you trade in your car, get a new car and then the dealership has to pay off your car…..same scenerio,
Posted in Buying Selling | 
Tags: Auto Loan, Car Online, New Car, Title Company, Trade Car | 
2 Comments »
After being apporved for car loan with 6,200 down, can you use a clear title from something else?
terrence s asked:
After the deal fell through on my four wheeler deal to get 6,000.00 for the down payment on the used corvette, is it possible that the bank can take a clear title on something else to help secure the deal and maybe I pay the tax title and license to seal the deal.
After the deal fell through on my four wheeler deal to get 6,000.00 for the down payment on the used corvette, is it possible that the bank can take a clear title on something else to help secure the deal and maybe I pay the tax title and license to seal the deal.
Where should I go to get a good ‘bad credit car loan’?
Christina asked:
I am 24, live in so california and I NEED A CAR. I have really bad credit, Im pretty sure its in the VeRy low 500s, I bought my last car in cash FOR 7,000 from a family member (crashed it in Dec). I work about 30 hours a week as a medical Admin assistant and Im in school. I dont own a home, I rent from a family member… but I have been at my same job for about two years now… I want to get a used car for about 9,000 to 12,000, prob an 2006 model… how can I get a loan?? Ive put in one application to a car dealership online and was denied, I’ve been hesitant to apply again until I have a better idea on Where or with what kind of co to apply with… Help! please, I really appreciate any advice! Should i try for a loan with one of those ‘bad credit auto loan’ website? if so which one? and would they lend for a 2006 model? Should I just find a car I want at used car lot and apply with them? (I got approved a couple years ago for 9,000 after putting 6,000 down but my credits got much worse since then and I definatly dont have 6,000 cash right now… maybe 2 at the most). Advice please!!!! THANKS SO MUCH! :):)
I am 24, live in so california and I NEED A CAR. I have really bad credit, Im pretty sure its in the VeRy low 500s, I bought my last car in cash FOR 7,000 from a family member (crashed it in Dec). I work about 30 hours a week as a medical Admin assistant and Im in school. I dont own a home, I rent from a family member… but I have been at my same job for about two years now… I want to get a used car for about 9,000 to 12,000, prob an 2006 model… how can I get a loan?? Ive put in one application to a car dealership online and was denied, I’ve been hesitant to apply again until I have a better idea on Where or with what kind of co to apply with… Help! please, I really appreciate any advice! Should i try for a loan with one of those ‘bad credit auto loan’ website? if so which one? and would they lend for a 2006 model? Should I just find a car I want at used car lot and apply with them? (I got approved a couple years ago for 9,000 after putting 6,000 down but my credits got much worse since then and I definatly dont have 6,000 cash right now… maybe 2 at the most). Advice please!!!! THANKS SO MUCH! :):)
Posted in Buying Selling |
Tags: Bad Credit Auto Loan, Car Online, Last Car, Loan Website, Medical Assistant |
3 Comments »
Will putting a larger down payment on a car increase my chances of getting approved? N where is my best chance
kendoll115 asked:
of getting a loan? I had a rough time with credit up until this year. My credit rating has been going up. its currently 558. i know thats low, i know ill pay higher interest rate but for now its fine cuz i make almost 60k a year now. Ive pretty much erased all of my debt. like i said, im doing MUCH better now. SO….Will i be able to get financed for 25k. i want a new 4door jeep wrangler. Where will i be able to get this loan..credit union? jeep dealership?online? and will a bigger down payment make it easier to get approved? also, is there anything else i can do to help get approved? I make almost 4k cash a month and my bills are only 1500 so i have some room to work with.
also i have a 2001 sunfire i can get around 2k in trade in value. so with everything, what is my best play for this car?
of getting a loan? I had a rough time with credit up until this year. My credit rating has been going up. its currently 558. i know thats low, i know ill pay higher interest rate but for now its fine cuz i make almost 60k a year now. Ive pretty much erased all of my debt. like i said, im doing MUCH better now. SO….Will i be able to get financed for 25k. i want a new 4door jeep wrangler. Where will i be able to get this loan..credit union? jeep dealership?online? and will a bigger down payment make it easier to get approved? also, is there anything else i can do to help get approved? I make almost 4k cash a month and my bills are only 1500 so i have some room to work with.
also i have a 2001 sunfire i can get around 2k in trade in value. so with everything, what is my best play for this car?
Posted in Buying Selling |
Tags: Cuz, Getting A Loan, Loan Credit, Online Payment, Rough Time |
3 Comments »