Auto Loans

[Lehrer29]

APPROVING BANK: PNC
BUREAU PULLED: Equifax
CREDIT SCORE: 765
CUSTOMER STATE OF RESIDENCE: KY
NEW/USED: New
YEAR OF VEHICLE: 2012

MAKE: Subaru

MODEL: Outback
MILEAGE: 24
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 23,000
TERM CONTRACTED:
APR/LEASE RATE: 2.79%
MONTHLY PAYMENT: $349

ANNUAL INCOME: $85,000
MISCELLANEOUS COMMENTARY:

[tiffanie]

APPROVING BANK: CAPITAL ONE AUTO FINANCE
BUREAU PULLED: Equifax
CREDIT SCORE: 636
CUSTOMER STATE OF RESIDENCE: OR
NEW/USED: USED
YEAR OF VEHICLE: 2006

MAKE: ACURA

MODEL: RSX TYPE-S
MILEAGE: 50,646
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 17,000
TERM CONTRACTED: 72MOS
APR/LEASE RATE: 11.8%
MONTHLY PAYMENT: $323

ANNUAL INCOME: $25,000
MISCELLANEOUS COMMENTARY: I COULDN'T BE ANY HAPPIER WITH THE VEHICLE I PURCHASED. I HAVE ALWAYS WANTED THIS TYPE OF CAR AND I CAN FINALLY SAY I OWN ONE THE INT RATE IS DEFINITELY ON THE HIGH SIDE FOR ME, BUT I WILL BE REFINANCING IN 6MOS OR SO WHEN I'VE PAID DOWN MOST OF MY CC DEBT. I LOVE CAPITAL ONE FOR APPROVING ME FOR A CAR LOAN WHEN OTHER BANKS HAVE SAID NO.

[casmith1980]

APPROVING BANK: Nissan Finance
BUREAU PULLED: Equifax
CREDIT SCORE: 663
CUSTOMER STATE OF RESIDENCE: NV
NEW/USED: NEW
YEAR OF VEHICLE: 2011

MAKE: Nissan

MODEL: Murano LE AWD
MILEAGE: 16
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 49,000
TERM CONTRACTED: 72MOS
APR/LEASE RATE: 1.9%
MONTHLY PAYMENT: $731

ANNUAL INCOME: $76500
MISCELLANEOUS COMMENTARY: I traded in my 2008 Maxima and was able to get my payment the same.  The best part of the experience is realizing that my credit is finally good enough for good financing rates   I finally feel like a big girl having my car loan in my name (not my husbands) LOL  (And the dealership we went to was AMAZING.  Second time we've purchased from them)

[Booner72]

Those Murano's are pretty sweet!

[casmith1980]

I absolutely LOVE it Booner :-)  I would recommend this car to everyone lol

[Schoolbuskid]

Moms Car

APPROVING BANK: Regional Acceptance Corp
BUREAU PULLED: Equifax
CREDIT SCORE: 424
CUSTOMER STATE OF RESIDENCE: North Carolina
NEW/USED:Used  Used

YEAR OF VEHICLE: 2010

MAKE: Toyota

MODEL: Camry SE
MILEAGE: 52K
RETAIL/LEASE: Retail
AMOUNT OF LOAN:20K
TERM CONTRACTED: 66
APR/LEASE RATE: 17.95
MONTHLY PAYMENT: 513

ANNUAL INCOME: 45K
MISCELLANEOUS COMMENTARY: Plan to refinance in 18 months, in the meantime will continue to improve credit score. Mom actually scored a higher tier than sister due to employment and income history.  

Sisters Car

APPROVING BANK: Regional Acceptance Corp
BUREAU PULLED: Equifax
CREDIT SCORE:589
CUSTOMER STATE OF RESIDENCE: North Carolina
NEW/USED: Used
YEAR OF VEHICLE: 2008

MAKE: Nissan

MODEL: Altima S
MILEAGE: 15K
RETAIL/LEASE: Retail
AMOUNT OF LOAN:17K
TERM CONTRACTED: 72
APR/LEASE RATE: 19.95
MONTHLY PAYMENT: 412

ANNUAL INCOME: 20K
MISCELLANEOUS COMMENTARY: Plan to refinance in 18 months, in the meantime work on credit history. Price include GAP and Full Warranty 6yrs/100K miles. Dealer wanted to charge my sister 486 a month with everything included like it is, but they had no choice but to haggle since i was there. I was not letting them get over on her, since she already has bad credit. I think we did alright overall. She's going to try and refinance with a credit union.

[tmielke1]

APPROVING BANK: Ally
BUREAU PULLED: Transunion
CREDIT SCORE: 675
CUSTOMER STATE OF RESIDENCE: IL
NEW/USED: New
YEAR OF VEHICLE: 2011

MAKE: Dodge

MODEL: Charger R/T Max
MILEAGE: 10
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $34000
TERM CONTRACTED:
APR/LEASE RATE: 1.9%
MONTHLY PAYMENT: $530x72

ANNUAL INCOME: $80,000
MISCELLANEOUS COMMENTARY:My bankruptcy has been discharged for 2 years now so I traded in the Toyota I owed $12300 and they gave me $11000 so I rolled in the negitive equity Out the door I was at $34k and very happy with the rate!! No down payment!! And so far the Charger is awsome!!!

[Booner72]

---

Booner72 wrote:

This thread is to be used for your Auto Loan Approvals just copy and paste!

APPROVING BANK:   Northwest Community Credit Union
BUREAU PULLED:      EXPERIEN
CREDIT SCORE:         714 AUTO ENHANCED FICO
CUSTOMER STATE OF RESIDENCE:  OREGON
NEW/USED:  USED
YEAR OF VEHICLE:  2006

MAKE:                       Subaru

MODEL:      Forester           
MILEAGE:    54000
RETAIL/LEASE:  Retail
AMOUNT OF LOAN:  13,500 - 15,297 with the warranty that I will probably cancel
TERM CONTRACTED:  60
APR/LEASE RATE:    5.39
MONTHLY PAYMENT:   279.00 (With warranty)  255 without

ANNUAL INCOME:        51,504
MISCELLANEOUS COMMENTARY:

My EQ Auto Enhanced was only 658.  He was able to convince the credit union to use my EX score to get the better rate.  Was initially offered 8.9 and I wouldn't take that.  He is adding some touch up paint and a detail/wash of the car.  The salesman is driving to my work today to sign all the documents.  I think this is because it's the 31st of the month and they need their numbers and I wanted to come tomorrow due to Halloween tonight.

The warranty is through CNA and I just read online that most warranties from the dealers are pieces of crap bc they don't cover anything that they deam broken from "Wear and tear" vs. a true "mechanical breakdown.  I have 30 days to cancel it after I do thorough research.

He was impressed with my FICO knowledge and I can guarantee everyone that I got this deal only because of what I learned here.  Thanks to EVERYONE!!

---

UPDATE FOR THE FICO CURIOUS  (Which I think we all are):  I got a rejection letter from a credit union yesterday.  My EX score they used was only 687.  THANK GOD FOR AUTO ENHANCED FICO!    27 points different - in my favor.

[Booner72]

This thread is to be used for your Auto Loan Approvals just copy and paste!

APPROVING BANK:   Northwest Community Credit Union
BUREAU PULLED:      EXPERIEN
CREDIT SCORE:         714 AUTO ENHANCED FICO
CUSTOMER STATE OF RESIDENCE:  OREGON
NEW/USED:  USED
YEAR OF VEHICLE:  2006

MAKE:                       Subaru

MODEL:      Forester           
MILEAGE:    54000
RETAIL/LEASE:  Retail
AMOUNT OF LOAN:  13,500 - 15,297 with the warranty that I will probably cancel
TERM CONTRACTED:  60
APR/LEASE RATE:    5.39
MONTHLY PAYMENT:   279.00 (With warranty)  255 without

ANNUAL INCOME:        51,504
MISCELLANEOUS COMMENTARY:

My EQ Auto Enhanced was only 658.  He was able to convince the credit union to use my EX score to get the better rate.  Was initially offered 8.9 and I wouldn't take that.  He is adding some touch up paint and a detail/wash of the car.  The salesman is driving to my work today to sign all the documents.  I think this is because it's the 31st of the month and they need their numbers and I wanted to come tomorrow due to Halloween tonight.

The warranty is through CNA and I just read online that most warranties from the dealers are pieces of crap bc they don't cover anything that they deam broken from "Wear and tear" vs. a true "mechanical breakdown.  I have 30 days to cancel it after I do thorough research.

He was impressed with my FICO knowledge and I can guarantee everyone that I got this deal only because of what I learned here.  Thanks to EVERYONE!!

[TheR105]

APPROVING BANK: Chase
BUREAU PULLED: TU
CREDIT SCORE: 671
CUSTOMER STATE OF RESIDENCE: IL
NEW/USED: New
YEAR OF VEHICLE: 2012
MAKE: GMC
MODEL: Terrain
MILEAGE: 0
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 26659
TERM CONTRACTED: 72 months
APR/LEASE RATE: 7.9
MONTHLY PAYMENT: 467
MISCELLANEOUS COMMENTARY: $3,000 down

[elzgarland]

Just a word of advice, when you refinance you are owed a refund on your GAP insurance. Go back to the dealership and pursue it, if not that is just money lost!