Answers

• tony78 09/23/08 11:01 pm PST

  Edit Answer (for another -12 minute) I know a girl who is getting ssi and wanted to get a scooter, she had to save in the bank half the price of the scooter, then she got a secured loan from the same bank based on the amount she had in the account,,in other words the bank,,that was holding onto the collateral loaned her an equal amount,,this she paid as a down payment for the scooter and the bank carried the note for the remaining balance,,now she had to direct deposit her ssi at that bank and the bank upon receiving the funds automaticly drew against the deposit and she was able to draw against the balance,,now the bank was happy because they got thiers first,,and the girl was happy because she got her scooter. (2)(0) Report It

• zaken1 09/24/08 3:05 am PST

  Edit Answer (for another -7 minute) It sounds like the loan was refused because the cost of the SUV was more than they were willing to accept from someone with your income level. I expect that if you found a less expensive vehicle (and a small car would not only cost less than an SUV; but would also be much less expensive in fuel costs) there would be a far greater chance that they would approve the loan. (2)(0) Report It

• fadetoblackii 09/24/08 12:46 pm PST

  Edit Answer (for another -27 minute) A nice down payment (50% or so) will help your case. Save your money (pretend you already have the payment) and drive what you have for a few more months and then go in with at least half of the price in cash and see if they will let you finance the rest. A bankruptcy is difficult to overcome, but a nice down payment shows that you're back on your feet and able to save money again. (1)(0) Report It

• ddgg3067 10/03/08 8:23 pm PST

  Edit Answer (for another 10 minutes) Wow... how can you not see any issues? You just stiffed your creditors by filing for bankruptcy, causing them to lose the money that you borrowed from them. So you have proven to the world that you are financially irresponsible and a deatbeat who does not pay back borrowed money. Your income/expense is not the problem; it is your credit track record. I seriously question any financial institution who would give you a loan right now other than a secured/prepaid credit card. I think your best bet is to put off buying the SUV and start saving money for it while you rebuild your credit. Your bankruptcy will stay on your credit report for at least 7 years, which makes it very difficult for anyone to give you a loan within the next couple of years. Filing for bankruptcy comes with consequences. Someone still has to pay for your debt, even if you don't. In return, you lose your creditworthiness and have to "earn" it back. (0)(2) Report It

• 1234gal 10/03/08 10:17 pm PST

  Edit Answer (for another 4 minutes) This is for ddgg3067 ~ First of all I am NOT a deadbeat!! You need to get a freakin clue.... I AM DISABLED. Before I became disabled I paid all my bills. When you become ILL and have mounds of bills to pay and can't pay them it adds up. Let me see how you survive on disability with a measly $1000 a month and stay on top of your bills. By the way I GOT THE LOAN!! Bankruptcy does NOT keep you from getting a loan and my credit score is very good! ddgg3067 you should think about other peoples feelings before you go off on a tangent you know nothing about!! (4)(0) Report It

• nathanielb 07/21/11 7:25 pm PST

  Edit Answer (for another 13 minutes) I just want small loan. About 400 dallors (0)(0) Report It

• bobby97 02/23/12 5:14 pm PST

  Edit Answer (for another 1 minute) in response to all the messages i read here today as far as i can see today i went to a dealer guess what folks nobody is not any longer accepting ssi people!!!!!! you must be fully employed in order to purchase a car you must make more then you pay in your rent which is 5 or ten times more downpayment is about now at $5,000 u.s. is now turning into a socialist country which means this country soon will restrict people from purchasing things they want and must have some kind of credit or something everything i mean totally everything is all employment required to buy a car and all 50 states must have a co-signers now in this century as of 2000 all states must require a co-signers for any cars no matter what the situation is.... they will not accept anyone without a job no ssi they will turn you away if they see you with ssi... you could buy a broken car for $100 to $500 thats it they tell you go buy a smashed up car or broken car that dont even have a working heat or A/C to make you look very bad in it....most dont even last long anyway it will die out and then no car its just a waste of money car dealers dont care about you or us they want the green money the bucks on the table upfront no exceptions..... i would lay off going to dealers forget it cause you wont get a scooter or car not with ssi if you make more then $20,000 they will accept that..... i learned something (0)(0) Report It

• b_cn_u 01/08/13 4:41 pm PST

  Edit Answer (for another -32 minute) To: Bobby97 The claims you've made within your response is wrong! I have received a loan through a lender while on disability income. Dealers will sell you a vehicle if you offer them an opportunity they can't refuse. When it comes down to it, the dealer wants that commission and I guarantee you, if you flash enough dollar signs in their faces, they will bend over backwards to get that deal for you. And as far as bankruptcy goes, they don't care if you filed for it. As far as they are concerned, the dealer will consider all circumstances as long as the amount of your down payment is worth their time. Whether it's $3000, or $1000. My loan wasn't a "buy here pay here" loan, either. It was with a lender! And guess what? I've paid off my loan with 1 month to spare! How do you like them apples, ay? Not too shabby for someone with bad credit living on a fixed income! (2)(0) Report It