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Need help for an auto loan.
My credit score has been a hassle lately. I recently stumbled upon two accounts in collection that shouldn't be there. I sent in disputes and so far only one has been deleted. I have a medical bill I am negotiating to pay for deletion. I applied for an auto loan at a Ford dealership ( my stupid mistake). Didn't realize Ford is so harsh on people with low credit. The salesman also didn't tell me he ran my application through 7 banks! I have no idea how that will effect my score. I am sitting at 605 right now which is nowhere near what I want and need. My credit card utilization is over 49% on one of my cards and about 25% on another. I have paid off my "luxury" credit cards multiple times. I have perfect payment history for 4 years straight, have opened new credit lines, raised credit line amounts, and been disputing discrepancies on my credit report yet my score keeps declining. I am in bad need of a new car. My wife is now pregnant and the car I have is not fitting for a child. I know on a new auto loan I will probably get around 10% APR (if I were to get approved). What is the best way to handle this situation in 60-90 days? Also to add, I have decided on a Mazda that is below $20,000 and will have roughly 2.5k-3k in a down payment. Should I try for Mazda financing or Navy Federal Credit Union? Which is where my current auto loan lies.

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