Is it entirely impossible to finance a car with two judgements on an already bad credit report?
Saturday, June 30th, 2007I know it’s a pathetic question, and it sounds like an oxymoron, but sometimes people encounter unfortunate situations in their life, and make irresponsible decisions in their past, and it will continue to haunt them. In the process of dealing with the consequences of bad decisions, life does need to move forward. Cars get old, have 150,000 k + miles and getting another car is essential. If a person (not myself!) has two judgements (totaling under $6000 collectively) and bad credit from credit card troubles, but has a steady job and makes $32,000+ a year, would it be possible in the slighest to finance a car? I am aware of high interest rates and such. I do know from experience that my parents had a bankcruptcy, came out of it, and within a month they were able to finance a new SUV.
Would it better to go bankcrupt? Advice?
Dina








