posted by on Oct 22
The car is 11,900 + Tax/Ttl/Lic = $12,730
Down Payment I have: $4,000.00
The credit report
Transunion:
Open Accounts:
Conns Credit Company -
-Balance $1,348.00
-$41.00 for 36 months - Term
-Never been late, pays on time
-Installment Account
-Individual, no co-signer
-Opened - 04/2007
Lacks Furniture
-Balance: $396.00
-$34.00 for 24 months - Term
-Been late once - 30 days - Feb, 2007
-Installment Account
-One Co-signer
-Opened - 07/2006
Security Service Federal Credit Union
- Charged off as Bad Debt -
- Charge off recovered - 03/2007
-Balance: $0.00
-$56.00 for 24 months - Term
-Charged off, then paid in full
-Installment Account
-Individual, no co-signer
-Opened - 10/2005
Collections:
Credit Management Control
-Balance - $0.00 - PAID
-High Balance - $494.00
-Creditor - Tmobile
More Collections - Paid
-Dish Network
-Balance - $0
-High Balance - 41.00
Bank Of America
-Balance - $0
-High Balance - $776.00
-Date Paid - 10/2007
AT&T Home Services
-Balance - $0.00
-High Balance - $374.00
-Date Paid - 09/2007
As you can see, I just paid all of my collection debts, and my payments on my furniture and appliances are all made on time with the exception of a 30 day late payment back in feb,2007
Where do I stand purchasing a vehicle? It doesn’t have to be new, just not old.
I’m trying to stay under 12,000.
I’ve also heard it’s easier to finance a brand new car rather than used? True?
PLEASE HELP!!!
By the way, this isn’t just Transunion, it’s all 3 credit reporting agencies.
Also, I’m 20, and I make 1,300 per month full time and I still live at home.
