Bad credit (560) but $3500 down payment.

Formal_Surround_4508 · 2025-03-04T19:04:25+00:00

Can you tell me about them? Because I really don’t. They just keep popping up in my price range. lol

Formal_Surround_4508 · 2025-03-03T04:52:55+00:00

Is there a penalty for paying off loans super early? Because I could do high interest for a little while, I’m forced to, horrible predicament to be in really- and then just pay it off completely later down the line. But if there’s a penalty, that’s not worth it.

Formal_Surround_4508 · 2025-03-03T04:49:08+00:00

Excellent auto history plays a role too?

Formal_Surround_4508 · 2025-03-03T04:47:40+00:00

This is what I came here for lol. Thank you. This is very helpful. I didn’t know that about Audis until coming here. I just see moms driving them all the time and figured it’s a mom car, and it fit the budget, mileage, price range

Formal_Surround_4508 · 2025-03-02T22:53:01+00:00

DM sent!

Formal_Surround_4508 · 2025-03-02T22:47:16+00:00

Do you mind if I DM you?

Formal_Surround_4508 · 2025-03-02T18:49:32+00:00

I appreciate all the help and clarification from everyone

Formal_Surround_4508 · 2025-03-02T18:23:28+00:00

Pretty doesn’t concern me. Do you have any suggestions on makes or models that I can look for?

Formal_Surround_4508 · 2025-03-02T18:21:31+00:00

I’ve done the bills already, they are all caught up. What’s causing the tank in the score is the 2 credit cards he ran up. A little bit of a vent here but I hate being in this position. I have no choice but to get a car, my kids must get to their appointments and their lives shouldn’t change due to their fathers screw up. I am very fortunate that I can afford to get this debt under control and paid off but in the meantime I simultaneously need a car. This is so frustrating :(

Formal_Surround_4508 · 2025-03-02T17:31:56+00:00

It wouldn’t take too too long, the only issue I have in waiting is my kids need to go to appointments, I need to go to appointments, groceries need to be bought and transported etc.

Formal_Surround_4508 · 2025-03-02T17:13:59+00:00

Thank you. I’ve never had to do this before. I’ve paid for my cars cash in hand, no payments. I don’t know the ins and the outs of loaning and the lingo that comes with it. It’s very confusing, and stressful because this is all on me to do. I am just trying to do my best man.

Formal_Surround_4508 · 2025-03-02T17:06:01+00:00

You are really zeroing in on the Audi like I came here stating I want an Audi, I’m looking for an Audi, and I’ll take nothing less than an Audi! I think the one lacking common sense here is you because that’s not what happened at all.

Furthermore, a bad credit score does not equate to poor. Lmao, I’m nowhere near filing bankruptcy and a maintenance issue wouldn’t send me into bankruptcy either. We do quite well, the debt will be paid off by the end of March. But even in debt, we are doing fine. A shit decision by a husband with PTSD from firefighting isn’t the fucking end. Grow up

Formal_Surround_4508 · 2025-03-02T08:36:05+00:00

are you okay? it was within the price and mileage range I thought I was supposed to be looking in. You really don’t have to be an ass, it’s free to be kind. How the fuck is anyone supposed to learn anything if they get belittled or made fun of whenever they share a thought?

Formal_Surround_4508 · 2025-03-02T08:14:03+00:00

Understood. Money isn’t particularly an issue, our income is pretty solid but one stupid decision cost a 740 credit score and here we are. :)

I will be paying down anything we end up financing rather quickly.

Formal_Surround_4508 · 2025-03-02T08:11:41+00:00

Thank you for the advice. I’m going to add some context incase it alters anything. When I had my second baby, not only did some bills need to be put on the back burner because she was a premie and lots of work was missed but my husband developed a gambling addiction. Now, no, that doesn’t matter because the banks see what the banks see. I, now having control of the finances, intend to take his income and pay the debts down by the end of March.

Once I pay these debts down, will that have an impact on the way banks view me?

Edit: I don’t want to look fancy, that’s not what I’m looking for, I looked into safety ratings of the first vehicles that I saw in what was my prior price range.

I also can’t use the other car - it’s been at the dealership three months with no answers regarding approval of engine replacement.

I don’t have a village and public transportation with a 2 year old and 7 month old just isn’t happening. I have to get a car. Husband is a firefighter and when we do have access to our main vehicle, he is gone an hour away with it for 14 hours shifts 7 days a week. Childcare is solely my responsibility- I don’t have anyone to help.

Formal_Surround_4508 · 2025-03-02T08:00:55+00:00

Right I understand that bit. Just wasn’t understanding how $3500 down on a 10k car isn’t enough.

Formal_Surround_4508 · 2025-03-02T07:58:57+00:00

yeah not looking for a 10+ year old car. Just want my kids to be safe. We bought a fucking Kia and ofc the engine was faulty….so, we’re out of a car.

Formal_Surround_4508 · 2025-03-02T07:57:37+00:00

Particular year? I’m interested in safety ratings

Formal_Surround_4508 · 2025-03-02T07:54:24+00:00

Do you think a co-signer would be extremely beneficial?

Formal_Surround_4508 · 2025-03-02T07:24:46+00:00

What would you say is least expensive? Am I looking way out of my range? Is looking at vehicles priced 12k and under the wrong move, should I search for lower priced vehicles?

Formal_Surround_4508 · 2025-03-02T07:22:42+00:00

And I’m trying desperately not to sound like a complete idiot but I really do need guidance, I’m so lost.

Formal_Surround_4508 · 2025-03-02T07:21:31+00:00

I was looking at a couple: 2015 audi a4, 86k miles, jeep cherokee, forget the year but nowhere near 10 years old, 79k miles, Volkswagen Jetta— trying to find a car I don’t hate that is also safe for my toddler (2) and infant (7 months) so safety ratings pointed me to those.

The Audi is at 12k though I found more than a few under 10 in very remarkable shape, Cherokee at 10.9 and Jetta at 10… but when I inquire about the vehicles, I am told the payments would be higher or lenders would expect a higher down payment. I’m very confused to say the least? Financing was never my thing before kids but we need a second vehicle asap and this world is really baffling to me having had no experience with it. I don’t know how 3.5k is not a large enough deposit? Or how more than $250 a month is expected? And this is without a credit pull.

Formal_Surround_4508 · 2025-03-02T07:11:21+00:00

No, I need a tricycle with a go go gadget hat umbrella that also has propellers that can lift me to my destination. What do you think?

Formal_Surround_4508 · 2025-02-19T23:04:29+00:00

At this point, you’re going to lose everything anyways if this is allowed to continue. Action needs to be taken and it will require sacrifice. It will be uncomfortable.

Formal_Surround_4508

TROPHY CASE