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Posted in Auto Loans
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will we get approved? Dodge?
Me and my husband filled a joint application for a car loan. I have a score of 548 and my husband has no prior credit history, so no score. We make $3100 monthly. The dealership is giving us a trade in value of $600 on our current car. We told them at the time that we were only able to put $500 down, and that they would help us but couldn't give a us a definite yes. I called today to check the status of my loan and they said they were having trouble. However we are able to put $2500 down as well as trade in our car. How would that help in us getting approved for the loan, I am pregnant and already have a 5 year old we are in desperate need of a new car

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