I had an auto account with Ally that was charged off. Only $320. Briefly- I was a little behind in paying. Received a letter from Ally giving me just a few days to pay. Received letter the 15th saying must be paid by the 20th or will be charged off. I called on the 16th (next day). Guy said he was the account mgr and was the person who made the decision on whether or not to charge off (probably a lie). Assured me it would not be charged off before the 20th and as long as payment was in by the 20th I "would be fine". I logged into the website the 18th to pay the $320 & account had been charged off on the 16th. It is now paid.
So my question is if I were to try to get financing again thru Ally would this bring up the "previous bad experience" designation? I currently have another car financed thru Ally which is paid on time & have had 4 other previous loans with them (gmac) all paid in full.
If you need more info please ket me know. Thanks!
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If you have sufficient income to pay the second obligation and their loan to value position is equitable enough, then I would tend to predict an approval.