You Can Qualify for Bankruptcy Auto Loans in Maryland Heights

May 13, 2017  

bankruptcy auto loans in Maryland Heights

“Bankruptcy” is a legal term that basically states that an individual is unable (for whatever reason) to pay his debts that are owed to creditors. As part of the process, personal assets are liquidated to assist in paying the balances due. A side benefit of this less-than-pleasant circumstance is that, surprisingly, you can get a new start after declaring insolvency – including qualifying for bankruptcy auto loans in Maryland Heights.

You may not realize that many types of lenders let persons borrow money after bankruptcy all the time, which also covers car financing after bankruptcy. Interest rates are usually higher in these cases as it is a greater risk for the lender, but it is a frequent and common occurrence and a welcome one for those in this particular situation.

The longer you have been out of bankruptcy, the more money you have been able save and if you have been able to establish a positive credit record, the better your chances of getting a better interest rate on a vehicle loan. Financing  a used car can also help you rebuild your credit in a positive way, as long as you continue to meet your financial obligations on time.

For qualified assistance from professionals experienced in bankruptcy auto loans in Maryland Heights, call 5 Star Auto Plaza today at (636) 940-7600. We guarantee financing for our large inventory of pre-owned SUVs, trucks, vans and autos. Allow our sales team to help you secure a loan for the perfect reliable used car at an affordable price.

5Star auto plaza Review

5 Star Auto Plaza

5 Star Auto Plaza Review

  • St. Charles Used Cars

    Review Your DealerThey did me a great deal by working with  me on my trade in. I got into something I actually wanted and didn’t break the bank. Read More
  • St. Charles Used Cars

    Review Your Dealer5 Star Auto Plaza even won my husband over with their sales techniques. There was no high pressure tactics or belittling us. I was also impressed with all the clean cars and their selection. I would go back without hesitation. Read More
  • Chesterfield Used Cars

    Review Your DealerI made an appointment at 5 Star Auto Plaza. They showed me the car and gave me a test drive. They were  very friendly, courteous, and didn’t try to hard sell me. The car sold itself, yet they made the experience easy. Read More
  • St. Louis Used Cars

    Review Your DealerI found the gentlemen  I dealt with at 5 Start Auto Plaza quite respectful and seemed to really have my best interest at heart . My salesman really worked with me on picking out the perfect car for me. I appreciated the personalized approach he offered. Read More
  • O’Fallon Used Cars

    Review Your DealerDidn’t have to go through a big deal on getting a deal. I told them what I thought the car was worth and they worked with me to get me there. Read More
  • St. Peters Used Cars

    Review Your DealerI  wanted a new car for myself so I started checking out some cars online. I found a Lexus LS430 and decided it was the perfect car for me, I just needed to find the right priced one. I found one at 5 Star Auto Plaza, they worked within my budget and I got the car [...] Read More
  • St. Louis Used Cars

    Review Your DealerThey gave me a great price on my trade in and the overall price was very fair according to blue book. I am more than pleased with how the service was here. Read More
  • St. Charles Used Cars

    Review Your DealerFriendly faces and attitudes made all the difference for me from past experiences. They even detailed my suv upon delivery. Great experience. Read More
  • St Charles Used Cars

    Review Your DealerLast summer I purchased a F150  from these guys.  After looking at several local dealerships, I found 5 Star Auto Plaza had the best prices, they had honest sales people and a great selection.  My truck is a great, it runs perfectly and it we absolutely love it!   Read More
  • St. Louis Used Cars

    Review Your DealerRecently after filing for a bankruptcy, our SUV broke down so we need a new family car.  We were really concerned after being turned down by another local auto dealer and our bank for a car loan due to our lack of credit after the bankruptcy.  We were truly elated to find 5 Star Auto [...] Read More
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