Is US Bank BK friendly on auto loans?
@jmcmillan wrote:
I use my US Bank checking and savings as my main bank accounts, with direct deposit. I also have a secured credit card through them. Will my current relationship make me eligible for an auto loan?
I’m 13 months post-discharge. My Experian Fico 8 is 661, Auto Score 2: 706, and Auto Score 8: 682. Transunion is about the same, and my Equifax is a little higher at 696.
yên ổn pretty much in your same situation. yên ổn 14 months past bk13 discharge. ive got a nice rebuild going and my scores are about where yours are. i also use usbank. yên ổn looking for a new ride. i found a link where usbank says you can pre qualify for a loan. i have not tried it yet, i dont know if its a SP or a HP. the website doesnt specify exactly. i cant seem to find anything online saying either way.
you might want to give capital one auto finance a try. yên ổn pre approved with them for 42.3k. each pre approval is a soft pull and good for 30 days. they give you a code to show to the dealer when they submit it to cap1. that might be your best bet. good luck in finding a car, yên ổn having a heck of a time finding a dealership with anything in stock. its all dealer ordered or in transit. demand is high. i had to put a deposit on the truck i wanted so when it comes in i get first crack at it. in the meantime yên ổn trying to find my best finance option.
as far as being bk friendly for auto loans, i cant say for sure, but i did get a pre approved offer for their visa platinum credit card. i declined because yên ổn trying to keep HP to a minimum because of my auto dealings. so they are bk friendly in that regard. perhaps its where i bank with them also. not sure if a non customer would get the offer with a bk showing.
here is the link i found for usbank pre qualify….
Apply for auto loan pre-approval | U.S. Bank (usbank.com)