Recently Got a Chapter 7 discharge. What kind of percentage rate can I expect on a new car auto loan

Monthly Gross income is $30,000

Recently Got a Chapter 7 discharge. What kind of percentage rate can I expect on a new car auto loan?

24.99%. No, I'm not joking.

Recently Got a Chapter 7 discharge. What kind of percentage rate can I expect on a new car auto loan?

Sky high interest. 20% or more. But if you are making $30k a month, why not just pay off the car in full? That's a LOT of money. How could you even declare bankruptcy with that kind of income?

Recently Got a Chapter 7 discharge. What kind of percentage rate can I expect on a new car auto loan?

20% and above. If you didn't have that discharge it would be lower. But with that discharge it's going to rack up that interest.

Recently Got a Chapter 7 discharge. What kind of percentage rate can I expect on a new car auto loan?

Why do you need a car loan if your monthly income is $30k. Just save a month or two and pay cash. I know you are trying to rebuild your credit, but you will have huge interest rates. Avoid a loan for about 6 months if you can to show you aren't about to default again.

Recently Got a Chapter 7 discharge. What kind of percentage rate can I expect on a new car auto loan?

Are you speaking of a military discharge?

Recently Got a Chapter 7 discharge. What kind of percentage rate can I expect on a new car auto loan?

yes you can expect high interest rates, if need to be look at a longer term. make payments always on time and look at refinancing. go talk to a lender it dose not hurt. with that kind of income you should not have a problem.

Recently Got a Chapter 7 discharge. What kind of percentage rate can I expect on a new car auto loan?

Is that yearly gross or monthly? If monthly it shouldn't be too bad of a rate but yearly you can be sure its in the 20+ range. You can find out more thru my blog. There is a couple auto loan companies you can get a quote from free. They claim to help the bad credit type too. I'm not saying you got bad credit but whether you do or not it wont hurt to findout what they offer. http://painintheexhaust.blogspot.com