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It is really hard to say for sure whether you would or would not. And, it's actually against federal law for a loan officer to answer this question without a "we will need to just apply and find out." However, even though you have a few dings on your credit and not the best credit score, I'm sure there is some companies out there willing to help you. The question you have to ask yourself is how much are you willing to pay? You might end up with a 15+% car loan - which is not something you want. Anything over 10%, in my opinion, is too much to pay for a loan lasting more than a year.
What else can I help you with?
Can a creditor remove collection accounts from my credit report?
Yes, a creditor can remove collection accounts from your credit report if they agree to do so or if there is an error in the reporting.
Where do you pay collection accounts that are reported on your credit report when the company is out of business or no longer handles the account that was reported for collection?
You pay the collection agency.
How do you find a list of accounts sent to collections?
Get a copy of your credit report from all three bureaus. You can get a free copy each year. This report will tell you all of the collection accounts that are currently reported, and to which of the credit bureaus they are being reported to.
What should you do to get paid collections off your credit report?
If the account is legitimately yours, then you cannot legally have it removed from your credit report. However, if you paid the collection account off, it should be reported as paid on your credit report. Still, the accounts will not be removed from your credit report for 7 years.
What happens to your lower credit rating after you've paid off your collection accounts?
Nothing, a paid collection reporting on your credit report is just the same as if it was reporting unpaid, they both are negative entries.
Can a collection agency remove a collection from your credit report?
Yes, a collection agency can remove a collection from your credit report if they agree to delete it as part of a settlement or negotiation.
When accounts are deleted from credit report that was under bk can your credit score go up?
Yes, any credit searches over 6 months old, but ideally when they come off automatically after 12 months
Can a collection agency remove debt from my credit report?
No, a collection agency cannot remove debt from your credit report. Only the credit bureaus or the original creditor can remove the debt from your credit report.
If you have about 10 collections and charge-offs on your credit report would a pay-off of these accounts within six months raise the credit score over an 18-month period?
Yes. Provided you pay your current accounts on time and have no new collections to your report, your credit score will increase.
Can collection agencies remove items from your credit report?
No, collection agencies cannot remove items from your credit report. Only the credit bureaus or the original creditor can remove negative items from your credit report.
Can creditors remove their accounts from your credit report?
no, it should stay on your credit report for life.
If you settle an old credit card debt with a collection agency paying the negotiated price in full will the collection agency remove the collection from your credit report?
No the collection will not be removed from the credit report. They will show it paid in full.
