Forum Discussion
Campfire_Time
May 09, 2013Explorer
I think its your lack of credit history that's hurting more than anything else. Keep in mind too that you tried to finance a high mileage vehicle with less than 20% down. That was fine before 2008 but lenders want to see something up front now. Especially the big lenders who are under far more government scrutiny to not take on bad loans. With more than 50% down I think you should have no problem going through a credit union or a smaller locally owned institution.
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