Auto Financing for After Your Bankruptcy

Starting Over Has Never Been Easier

Do you know what your vehicle options are? You probably owe more on your vehicle than it's really worth, but you need it to get to work. You're afraid that you'll only be able to get a high-interest loan after your discharge so you keep your car and make those high payments that don't even report to the credit bureaus anymore.

With Replace Vehicle.com we get you a brand new loan on the vehicle of your choice. We tell you all of the financial information upfront including interest rate, term, amount approved for, and other information, before you go look at cars.

All of our banks are major lending institutions and report to all 3 credit bureaus. You will end up driving a better, safer, more reliable car than you were driving before. And you will have a lower interest rate and payment than before in most cases.

Make Good Choices

When you get your discharge, it really is a new financial beginning. It's important though to make good decisions about your financial future. The first thing that you need to do is get an automobile loan. You need to deal with a professional who not only can get you good financing, but also a great deal on the vehicle of you choice.

Try to finance the least amount of money your ego will allow. Cars are hunks of metal and glass that depreciate with every mile you put on it. Try to be practical about your needs. If you get a simple interest loan with no prepayment penalty, you will be able to trade or refinance later on.

How Not to Finance a Car after Bankruptcy

So you go to the local car dealership after receiving countless offers in the mail. The salesman says "Buy this car today at this high interest rate and we'll refinance you in 12 months at the lowest rate possible." Recovering from bankruptcy is easier than you thought! Time to celebrate, right? WRONG!

DON'T BELIEVE EVERYTHING A CAR SALESMAN TELLS YOU.

Everyday, car dealers repeat the "refinance in 12 months" lie to bankrupt people to push them to purchase cars at extremely high interest rates. You may have financed a car through a high-interest lender knowing that it's not the best choice, but thinking it was your only option at the time. You justified it by thinking you could refinance to a lower interest rate later. BUT, when you try to refinance the car months later, you find out the car dealer lied to you. MAKE GOOD CHOICES THIS TIME!