My credit score is 641 and my car motor finally gave out. I am looking at getting a used vehicle in the 13-15000 dollar range. I am wanting to trade in my old car which is only worth around 500 or so with the motor not working. I have 3 accounts open currently with one paid off as of 2 months ago and the other two going to be paid off within the next 6 months. (davids bridal, zales, farmers furniture). I applied for an auto loan about 2 months ago from Capital One Auto Finance but was declined online. Thats when i did a credit check myself and got the 641 score and that my credit history is 2 and half years old. What are my chances that I can get approved for any type of auto loan?
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