http://ficoforums.myfico.com/t5/Auto-Loans/First-time-loan-assistance/m-p/1730652#M26344 I asked for $25k flat just in case. Wont dare spend that much though. Surprised they gave me a penny over much less $25, 500.01 Mon, 03 Dec 2012 23:19:16 GMT Cox0924 2012-12-03T23:19:16Z http://ficoforums.myfico.com/t5/Auto-Loans/First-time-loan-assistance/m-p/1727516#M26314 <p>Hello myFICO ppl,</p><p> </p><p>A little background on myself:</p><p><strong>24</strong> year old male</p><p><strong>33k</strong> a year</p><p>At current job for <strong>6 months</strong>  (Salary post college career job)</p><p>Was unemployed for 6 months prior to new post college job.</p><p>Employed at company for 4 years prior to unemployment.</p><p> </p><p>Low monthly expenses (living at home with parents)</p><p>Individual user Credit Card with <strong>$3,600 limit</strong> (balance $150) Credit history: July 2011 Wells Fargo Bank (Have Checking there)</p><p>Authorized User Credit Card with <strong>$22,000 limit</strong> (balance $1,600) Credit history: <strong>Sept 1992 </strong>PNC Bank</p><p>Authorized User Credit Card with <strong>$1,200 limit</strong> (balance $0) Credit history: Aug 2001  Khols</p><p> </p><p><strong>No late payments - Paying way more then minimum per month. </strong></p><p>Current experian FICO =<strong> 747</strong></p><p> </p><p>Credit score was lower (720) before due to carrying higher balances due to charging my last semester at college! ($3300 now 1600).</p><p> </p><p>In August I applied for a used car loan and was denied by myself, and I applied for a new loan via FORD online and was told I had to see there financial department to see if I can qualify. <strong>I want to by a new Ford fusion ($22k) but do not know if I can even get a loan!? Anyone here can give me tips for this?</strong> I have $2,000 saved for a down payment.</p><p><br><em><strong>Thank you for your input :)</strong> </em></p><p> </p><p>-Mr. Cox</p><p> </p> Sat, 01 Dec 2012 21:36:41 GMT http://ficoforums.myfico.com/t5/Auto-Loans/First-time-loan-assistance/m-p/1727516#M26314 Cox0924 2012-12-01T21:36:41Z http://ficoforums.myfico.com/t5/Auto-Loans/First-time-loan-assistance/m-p/1730442#M26341 Update:<br><br>I ended up attempting a blank check loan with capital-one. I got instantly approved for 25,000 plus an additional 500.01 at 2.73%.<br><br>Shocked! Mon, 03 Dec 2012 20:58:17 GMT http://ficoforums.myfico.com/t5/Auto-Loans/First-time-loan-assistance/m-p/1730442#M26341 Cox0924 2012-12-03T20:58:17Z http://ficoforums.myfico.com/t5/Auto-Loans/First-time-loan-assistance/m-p/1730628#M26342 <p>Congrats!!! </p><p> </p><p>Did you ask for 25k or was that what youre qualified for?</p> Mon, 03 Dec 2012 23:08:28 GMT http://ficoforums.myfico.com/t5/Auto-Loans/First-time-loan-assistance/m-p/1730628#M26342 texaspete2012 2012-12-03T23:08:28Z http://ficoforums.myfico.com/t5/Auto-Loans/First-time-loan-assistance/m-p/1730652#M26344 I asked for $25k flat just in case. Wont dare spend that much though. Surprised they gave me a penny over much less $25, 500.01 Mon, 03 Dec 2012 23:19:16 GMT http://ficoforums.myfico.com/t5/Auto-Loans/First-time-loan-assistance/m-p/1730652#M26344 Cox0924 2012-12-03T23:19:16Z