Hi Guys. Just need your opinion on something.
I'm planning to purchase a car in the next couple of months. I've already decided on the make, the color, etc. Here's the thing. I submitted my auto loan application to a bank a couple of days ago. After waiting patiently for an update, the bank rep sent me an SMS informing me that my application was denied because of my credit card problems a couple of years back.
The question is: is there a way I can still get a loan given my present situation? I've worked for a good company and have recently transferred to another company that is giving me better compensation. There is no doubt that I will be able to honor my monthly commitments moving forward.