11-19-2012 06:16 PM - edited 11-19-2012 07:40 PM
APPROVING BANK: Hyundai Motor Finance
BUREAU PULLED: TU, EQ
CREDIT SCORE: 602
CUSTOMER STATE OF RESIDENCE: KS
YEAR OF VEHICLE: 2013
MODEL: Sonata SE
MILEAGE: 15 (not sure yet will get a better reading when it comes in tomorrow)
AMOUNT OF LOAN: $18500
TERM CONTRACTED: 60 mos
APR/LEASE RATE: 2.9%
MONTHLY PAYMENT: $332
ANNUAL INCOME: $36k
MISCELLANEOUS COMMENTARY: I think I did pretty well.. trade in $ 5000.
11-20-2012 11:38 AM
11-20-2012 11:39 AM
11-20-2012 01:22 PM
11-20-2012 01:58 PM - edited 11-20-2012 02:50 PM
ANNUAL INCOME: $60K (mine only)
ADDITIONAL INFO: Loan amount is higher than price of car due to me having negative equity in my previous Kia Forte which I traded in.
11-20-2012 07:45 PM
11-24-2012 09:27 AM
11-24-2012 08:01 PM
ANNUAL INCOME: $86K
MISCELLANEOUS COMMENTARY: I had no idea what to expect. I've been cleaning up my credit and paying off my balances in getting ready to buy a new car. I bone-headeadly missed a payment on my BofA credit card (100% unintentional and didn't get a call or alert email from BofA or anything. I was shocked and mortified but of course my GW went nowhere with them) and it decimated my score by about 100 points. I applied on Wednesday night and got the "We'll get back to you email" and I thought I was a goner. About 2 minutes later I had an approval email of up to 40K with a rate of 3.57! I was shocked and thrilled. I guess old St. Jude was listening. Just another FYI: Acura couldn't beat the rate but they pulled Experian auto enhanced and I had a 660. Also, weirdly, I've never had an auto loan before but my auto enhanced scores are much higher than my regular FICO scores. After that September 30 day late hit me, it left me with a 610.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). 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.