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Understanding Bankruptcy Used Car Loans Near Alexandria

Posted on February 28, 2023

Understanding Bankruptcy Used Car Loans Near Alexandria

Most people believe it is impossible to be approved for an auto loan after bankruptcy. That might seem valid, but it is not necessarily true. At Expert Auto, we want you to understand that qualifying for bankruptcy used car loans near Alexandria is absolutely doable. Expert Auto is the dealership you can turn to. We will help you understand every option available to you. Most people don’t realize that the government has special provisions for automobiles as a necessity.

The average credit score usually drops to about 500 to 560 within three months of the final bankruptcy hearing. But even bad credit is acceptable at Expert Auto. We will find the right financing plan for you that could help rebuild your credit score. Expert Auto is confident we can have you driving off our lot in your newer used car in no time. Let us carry the heavy lifting.

Going through bankruptcy is stressful, and the last thing we want is to pile on even more. Our highly knowledgeable sales team has years of experience keeping up with the changing rules associated with financing a bankruptcy auto loan in the state of Washington. Before coming into the dealership, here are a few tips to make qualifying for an auto loan after bankruptcy easier. After your bankruptcy is finalized, take about a year to rebuild some of your credit by:

• Minimizing your credit utilization ratio.
• Keeping all sources of debt payments on time.
• Creating a reasonable mix of credit sources.
• Inspecting your credit report carefully for any errors.

Depending on the type of bankruptcy you file determines how long you should wait to apply for an auto loan. Chapter 7 usually requires you to wait until the process is complete, while Chapter 13 may allow you to qualify during bankruptcy. Every situation is unique.

Expert Auto can answer any questions about qualifying for bankruptcy used car loans near Alexandria. Check out more information on our website and call us today at (866) 429-0970.

We Love Our Customers!

Expert Auto Is Great!! If I Could Do It All Over Again I Would!! They Are So Helpful Patient & Very Kind!! GREAT PEOPLE!!! Thanks So Much, We Will Be Back Soon!!

Kamal was great he got me approved in no time. If you’re facing hard times and truly looking for a vehicle please come .

Expert Auto is a great place to purchase a purchase a car. I have came here two times with no disappointments. The staff is very friendly and helpful and will make sure they get you the best deal possible. Jahmad was my sales representative and he was very informative and made sure I understood the entire process. I am extremely happy with my deal and will always return…. 😊

Hossaui, and Azeim ste the best!!

Extremely helpful and easy to work with. They helped us get the car we wanted! Would 100% recommend to anyone looking to buy a car!

Wow first I would like to thank God and then thank expert auto most of all thank Hossain and Azeem for there great customer service I was so nervous didn't know what the outcome would be cause I know I don't have excellent credit but Hossain and Azeem work above and beyond they are the best I would recommend this store and Hossain and Azeem I will send people to them I ask if you are reading this just take the time out and go to them they will do there best thanks to them I am riding in my new car I am 🙂thank you so very much Hossain and Azeem

I had a great experience with Hassain the salesman and Kamal Store manager they got me into my new 2020 Mitsubishi outlander Sport will recommend everyone who’s in need of a car to check them out.

My unexpected encounter and experience with Expert Auto was nothing short of A1. Kamal treated me with so much patience and respect. Because my credit isn’t great, I was very doubtful but his sincerity and interest in helping me made me hopeful. Unlike other car dealerships, and I have visited a few, Expert Auto do Not make you feel like they’re only trying to sell you a car. By the time I met another pleasant young man working there named Dionte, I felt like we were all old friends. I am very grateful for people like Kamal whom you can tell truly cares and loves what he does. I definitely recommend Expert Auto to anyone who is looking for a vehicle. I WILL be returning and continuing to refer. 😊

I live it here …. I highly recommend

Great service always polite and fast service !! I never got let down this my third car !! Awesome team