APPROVING BANK: Toyota Financing
BUREAU PULLED: Transunion
CREDIT SCORE: 709 Auto Fico
CUSTOMER STATE OF RESIDENCE:California
NEW/USED: New
YEAR OF VEHICLE: 2012
BUREAU PULLED: Transunion
CREDIT SCORE: 709 Auto Fico
CUSTOMER STATE OF RESIDENCE:California
NEW/USED: New
YEAR OF VEHICLE: 2012
MAKE: Toyota
MODEL: Camry SE
MILEAGE: 7
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 24853
TERM CONTRACTED: 60 Months
APR/LEASE RATE: 1.9%
MONTHLY PAYMENT: 434
MILEAGE: 7
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 24853
TERM CONTRACTED: 60 Months
APR/LEASE RATE: 1.9%
MONTHLY PAYMENT: 434
ANNUAL INCOME: 75000
MISCELLANEOUS COMMENTARY: I went in with pre-approval from my bank for a rate of 5.49. The salesman said he thought he could beat that rate. I told him I want you to kill that rate! He came back with 1.9. The price quote of 22,709 was 1,000 under invoice. The 1.9 rate still has me smiling. Total interest paid over the life of the loan is 1,200.
MISCELLANEOUS COMMENTARY: I went in with pre-approval from my bank for a rate of 5.49. The salesman said he thought he could beat that rate. I told him I want you to kill that rate! He came back with 1.9. The price quote of 22,709 was 1,000 under invoice. The 1.9 rate still has me smiling. Total interest paid over the life of the loan is 1,200.
APPROVING BANK:WELLS FARGO
BUREAU PULLED:TRANSUNION CREDIT SCORE:?
CUSTOMER STATE OF RESIDENCE:TEXAS
NEW/USED:NEW YEAR OF VEHICLE:2012 .
MAKE:.KIA
MODEL
PTIMA HYBRID
MILEAGE:12
RETAIL/LEASE:RETAIL
AMOUNT OF LOAN:26700
TERM CONTRACTED:72
APR/LEASE RATE:3.49
MONTHLY PAYMENT:.408
ANNUAL INCOME:41000
COMMENTS: I HAVE HAD A MORTGAGE FOR 4 YEARS. LAST YEAR DID REFI. I HAVE ONLY HAD A CAP1, HSBC CC FOR LESS THAN 1 YEAR BOTH WITH 500 CL. THEN IN NOVEMBER '11 I GOT A SEARS MASTERCARD FOR 1250 CL.I GOT EVERY COLLECTION OFF MY CR BY CALLING THE COMPANIES I OWED AND TOLD THEM THAT I WOULD PAY IF THEY DELETE. IT WASN'T THAT EASY BUT IT WORKED. HAD 4 OF THEM. HAD A CREDIT CARD THAT WENT DELIQ. BACK IN 2005 (HARRIS JEWLERY) THAT THEY REPORTED LAST YEAR 48 TIMES 120 DAYS. PAID THAT OFF LAST YEAR THINKING IT WOULD BE DELETED THIS YEAR. I CALLED ALL THREE CREDIT BUREAUS AND THIS IS A FACT "NO MATTER HOW LONG AGO YOU BECAME DELIQUENT IF YOU PAY OFF THE DEBT YOUR 7 YEARS STARTS FROM THE DAY YOU BECOME CURRENT!!!!!!!!" IF YOU DON'T BELIEVE ME CALL THEM YOURSELF. THEY ARE SO NICE. SO IF YOU'RE CLOSE TO YOUR 7 YEAR MARK DON'T PAY UNLESS THEY DELETE. SO I CALLED AND BEGGED HARRIS TO PLEASE DO SOMETHING FOR ME AND THEY REMOVED IT.(HARDEST COMPANY TO PERSUADE) I BELIEVED SOME OF THE STUFF I READ ON HERE ABOUT WHEN YOUR FIRST DELIQUENT DAY STARTED 7 YEARS BEGINS FROM THAT DAY. THEY FORGOT TO ADD THAT IF YOU GET BEHIND AND THEN CATCH UP AND GET BEHIND AGAIN IT STARTS FROM THE MOST CURRENT DELIQUENCY BEFORE REACHING 60 DAYS LATE!!!! I DID ALL THIS WITHIN 1 YEAR TO BE EXACT. I WAS IN THE LOW 500'S WHEN I STARTED TO THE 700 CLUB. I HAD A REPO THAT ALSO FELL OFF MY CR 2 YEARS AGO. I HAVE NOT HAD ANY CAR HISTORY SINCE THEN. I WENT TO A CREDIT UNION THAT USES EXPERIAN AND THEY PULLED A 691. TOLD ME TO PICK OUT A CAR. BUT DEALT WITH WELLS FARGO WHO DIDN'T WANT POI OR ANYTHING BUT 2 REFERENCES
APPROVING BANK: AmeriCredit (GM)
BUREAU PULLED: TU, Equifax
CREDIT SCORE: 515-550
CUSTOMER STATE OF RESIDENCE: California
NEW/USED: USED
YEAR OF VEHICLE: 2004
MAKE: Audi
MODEL: S4
MILEAGE: 111,111 
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $8,800 ($13,800 out the door, $5,000 down)
TERM CONTRACTED: 36 Months
APR/LEASE RATE: 12.5%
MONTHLY PAYMENT: $313
ANNUAL INCOME: 90,000
MISCELLANEOUS COMMENTARY: Easy approval for an 8 year old, 111,000 mile Audi with a 515-550 score! Rate is about what a person with above average credit would have on the same car.
APPROVING BANK: Ford Motor Credit (FMC)
BUREAU PULLED: TU
CREDIT SCORE: 681
CUSTOMER STATE OF RESIDENCE: IL
NEW/USED: New
YEAR OF VEHICLE: 2012
BUREAU PULLED: TU
CREDIT SCORE: 681
CUSTOMER STATE OF RESIDENCE: IL
NEW/USED: New
YEAR OF VEHICLE: 2012
MAKE: Ford
MODEL: Fusion SE
MILEAGE: 10,500 per year
RETAIL/LEASE:Lease
AMOUNT OF LOAN:N/A
TERM CONTRACTED: 24 months
APR/LEASE RATE: 0.5
MONTHLY PAYMENT:$259
AMOUNT OF LOAN:N/A
TERM CONTRACTED: 24 months
APR/LEASE RATE: 0.5
MONTHLY PAYMENT:$259
ANNUAL INCOME: $70,000
MISCELLANEOUS COMMENTARY: Qualified for Tier 1 financing which was 0% for 60 months or 1.9% for 72 months with $1750 bonus cash and $500 new grad bonus. Vehicle has the Sun & Sync value package with rear spoiler and reverse sensing system, paid $100 below invoice.
MISCELLANEOUS COMMENTARY: Qualified for Tier 1 financing which was 0% for 60 months or 1.9% for 72 months with $1750 bonus cash and $500 new grad bonus. Vehicle has the Sun & Sync value package with rear spoiler and reverse sensing system, paid $100 below invoice.
APPROVING BANK: Honda Finance
BUREAU PULLED: Equifax
CREDIT SCORE: 659
CUSTOMER STATE OF RESIDENCE: Texas
NEW/USED: USED
YEAR OF VEHICLE: 2012
MAKE: Acura
MODEL: TL
MILEAGE: 7,713 
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $28,990 (I Paid TT&L)
TERM CONTRACTED: 72Months
APR/LEASE RATE: 6.49%
MONTHLY PAYMENT: $489
ANNUAL INCOME: 96,000
MISCELLANEOUS COMMENTARY: My car loan journey started almost a month ago when I was approved wiith CAP1 for only a 15.9%..lol, then I tried Sea Air Credit Union who approved me for a 10.9%..not bad for my credit score. Well, after Ford Motor Credit decided to delete my CO from my CR, I knew I could it got a better rate through a dealership. I was debating between a MB C300 or an Acura TL, I went to an Acura dealership and my car salesman told me he would not have a problem beating that rate. His manager was able to find me the 6.49% through Honda Finance
I decided to go with the TL because it is an almost brand new 2012 loaner car at a really great price (almost $4,000 under NADA value )and because it is a CPO it comes with an additional 1 year or 12,000 extra miles to the Acura warranty.
I decided to go with the TL because it is an almost brand new 2012 loaner car at a really great price (almost $4,000 under NADA value )and because it is a CPO it comes with an additional 1 year or 12,000 extra miles to the Acura warranty. The best part of the deal was when they were trying to sell me all kind of "extended warranties and protections" and because I've been reading this forum for the last two months and found out about the high mark ups on these products, I said "thanks, but no thanks". This is the first car that I felt that I knew what I was doing during the negotiations. Thanks MYFICO Forums.
