FAQs Bankruptcy | JFR Cars South

My car was repossessed in the past, can I get another car loan?

Yes, there is a good chance you can get another car loan. There are lenders who will give you a loan even with a repossession on your credit report, however every situation is different and must be evaluated on an individual basis. Contact us today and see if you meet the lenders requirements.

Are your vehicles professionally inspected?

Yes everyone of our vehicles are inspected by our certified technicians and must meet our high standard of quality and safety before being offered for sale

I don't have any money for a down payment or a car to trade-in. Can you still help me?

Yes we can help. We have lenders with programs that are structured to help those who don’t have cash for a down payment or a trade-in.

I have collections on my credit report. Will that stop me from getting a car loan?

It all depends on your personal situation. Contact us and find out if you qualify or call 719-272-8090 today.

I am in a bankruptcy right now, can I get approved for a loan?

Yes, we have several lenders that offer programs that will give approvals to those in open bankruptcy, both chapter 7 and chapter 13.

I'm self-employed. Can you help me get a loan?

Yes we can help. We have lenders that will extend you a loan by simply verifying your income from your last two years tax returns.

Can you help me if I want to get a truck, SUV, or a van and not a car?

Yes we can help you. Selection is not an issue with JFR & Associates. We have a large selection of vehicles for you to choose from.

I am new to the area and haven’t been on the job that long, can you help me get a loan?

We can help you once we understand your situation. Most lenders want to see 2 years of continuous employment and residence history so this situation can be easily resolved.

I'm on active duty with the military, can you help me?

We have lenders that offer financing to Military Personnel E-3 and above. Contact us so we can see which program is best for you.

What if I don’t live in the area. Can I get pre-approved for an auto loan?

We can usually get you pre-approved either by email or fax prior to your coming into town to pick up your car.

Can you help me if I owe more on my car than what it is worth?

We often can solve this problem for our clients due to the relationships we have with our lenders and also due to the large selection of inventory that we have.

I have been to other car lots trying to get financed and all I saw were junk cars. Is this the same way you operate?

No we don’t operate like that. We offer our clients late model vehicles that are safety inspected, detailed and ready for you to drive home and show off to your family and friends.

FAQs – BK