Are My Hopes Too High?

[1stCarBuyer]

I want to get a $15,000 loan from Chartway FCU 

Car: 2013 Dodge Dart

Score: 575(trying to raise it to 620)

Employment History: 8 months at my new job, 5 years at my Seasonal Full time

On Time Payment History: Excellent

Down Payment: between $500-$1000

I plan to purchase end of October early November. Am I setting myself up for denial?

[Anonymous]

You may get approved but you may not have a friendly interest rate.  A few questions for you:

    -  Do you have any other accounts with the Credit Union and how long have you been a member?

    -  How recent are your derogatories, and how many do you have?

    -  Will this be your first auto loan?

    -  How is your CTD ratio?

  I would take steps to get your score to 620 if you can hold out before you purchase.

[Shogun]

+1 If you have any baddies try to improve your CR so you will get a better rate.