Will my current auto lender finance a new auto loan for me?

Answers:0   |   LastUpdateAt:2012-10-02 01:59:03  

Question
reena
Asked at 2012-10-02 01:59:03
Right now I have a car loan with Bank of America . It was a loan term of 60 months, I have only two payments remaining . My credit has been halved to under 600 over the years since receiving the loan but I have never made ​​a late payment on my car loan and I'm intending to do the two remaining payments time to pay. I need to buy a new car and wondering if I should apply for financing through Bank of America again. In talking to some friends in the auto loan and car sales industry , I have said that Bank of America would most likely want to keep me as a customer based on my good payment history car with them and that the only difference would be that my interest rate will be higher because my total credit score dropped . They also told me that in the auto loan industry , are seen in the history of auto loans in your credit report separately from the rest of your credit history . And since I've been good in my car payments , which will count in my favor to ask another auto loan. Any one can shed light on this situation will help. Not sure of dealing with Bank of America again, or just look for a company that finances auto loans bad credit . I am currently employed full time , so that income will not be a problem . Thank you !
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