Credit Card Center Advertiser Disclosure†
10-09-2011 07:37 PM
AMOUNT OF LOAN: 73000
TERM CONTRACTED: 72
APR/LEASE RATE: 5.79
MONTHLY PAYMENT: 1170
What did I get wrong car loan 108k car -38k down payment on a credit card payment 73k @1170 a month
10-10-2011 11:00 AM - edited 10-16-2011 07:01 AM
10-10-2011 01:51 PM
10-12-2011 10:46 AM
Steppinup wrote:APPROVING BANK:Honda
BUREAU PULLED: Not certain
CREDIT SCORE: mine 640/650 his 570/580
CUSTOMER STATE OF RESIDENCE:
YEAR OF VEHICLE:2011MAKE:HondaMODEL:CRV EXL
AMOUNT OF LOAN:19,712.60
TERM CONTRACTED:60 months
MONTHLY PAYMENT:344.66ANNUAL INCOME:58,000
MISCELLANEOUS COMMENTARY: Price includes a 8k downpayment. Glad that we got the 1.9 apr.
Nice job and congrats on the new car. Synthetic oil and 5000 mile oil changes, that thing will last forever.
10-12-2011 10:58 AM - edited 10-12-2011 11:26 AM
10-12-2011 11:53 AM
ANNUAL INCOME: 38,000
MISCELLANEOUS COMMENTARY: The apr was the highest tier grade ("A" credit). The car may not be brand new but it's in really good condition! And I'm happy!!
10-14-2011 12:38 PM
10-15-2011 05:09 PM - edited 10-15-2011 05:14 PM
10-15-2011 09:15 PM
10-18-2011 09:23 PM
CREDIT SCORE: EQ 678 (EQ 704 Auto Enhanced)
CUSTOMER STATE OF RESIDENCE: IN (Purchased car in South Carolina)
YEAR OF VEHICLE: 2012
Financed 100% of car... Credit report showing no previous auto history, always paid cash for cars... So I was unable to get lower than 5%. Cap one online check approved me for 30K and 10.5% (no thanks) . Overall very happy with my purchase.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.