[stomachmonkey]

Juan says Bad Credit but based on the reason, "Excessive Financial Commitments", it sounds more like the friend is over extended which to me is worse.

My sister had some credit issues resulting from Med School, she was not a dead beat, just racked up a lot of debt getting her education.

She bought a new car, a Neon, cheapest thing she could get with a warranty and naturally had a ridiculous 30% interest rate but she sucked it up as a cost of doing business to get her credit rating back on track.

$38,500 buys a lot of new car. $38,500 on a used car? Does not sound like we are talking basic transportation here, sounds like a status symbol. I'd love to hear the reason this person NEEDS to spend that kind of coin on a used car.