Now that my car is a mere 21 days away from me (delivery date is 8/14), I decided to re-apply for my auto loan because it is causing me anxiety.
I made the topic a few days ago about working OT, but having it be regular, guaranteed OT. I was struggling with how DCU calculates their gross annual income etc. Anyway, I gave my gross annual income as it stands ($28,600) and nobody asked me any overtime income quesitons this time around. Weird
Approved $15,000 at 1.99% for 60 months. Pulled 722 FICO. Being a 19 year old, this approval basically is why I have worked so hard on my credit since I turned 18.
Now I have to turn in 3 months of paystubs, purchase agreement, drivers license etc which I'll be doing on Monday. I hope the loan officer doesn't look at my paystubs and see overtime and freak out. My last 3 months do show regular, significant overtime, even more so than I am even scheduled to work (think 80+ in a month where as I am only scheduled 40.)
Anyway.. I just hope this all works out! Thanks myFICO for your guidance.
Latest FICO Score(s): EQ 726 (Lender, 6/13), EX 672 (Dealer, v3 Auto, 5/13), TU 702 (Dealer, Auto 04, 5/13)
U.S. Bank Cash Rewards ($1000), Capital One Visa Platinum ($750), Discover it for Students ($650), American Express Green (NPSL), DCU Visa Platinum ($3000).
