Reply
Regular Contributor
Flying_High
Posts: 187
Registered: ‎08-12-2012

Re: Auto Loan Approvals!


mahiven wrote:

Flying_High wrote:

Bleety17 wrote:
What is your monthly income flying high?

$42,000


Wow... you should've just paid cash!


Cash that I dont have but I can make payments.

As of 9/13"
Starting Score: 600
Current Score: 600
Goal Score: 760
Garden till 10/14"
Contributor
Stephen_Dashman
Posts: 96
Registered: ‎12-04-2012

Re: Auto Loan Approvals!

APPROVING BANK: Affinity Plus FCU
BUREAU PULLED: TU
CREDIT SCORE: 667
CUSTOMER STATE OF RESIDENCE: MN
NEW/USED: Used
YEAR OF VEHICLE: 2001
MAKE: Chevrolet
MODEL: Monte Carlo SS
MILEAGE: 138k
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 3222.75
TERM CONTRACTED: 36 Months
APR/LEASE RATE: 7.25%
MONTHLY PAYMENT: 100.12
MISCELLANEOUS COMMENTARY:
EX 690 (Credit.com 3/14) | EQ 666 (DCU 3/14) | TU 688 (Walmart 3/14)

DCU Visa Platinum 3200 | BofA Better Balance Rewards 3000 | AMEX BCE 3000 | Affinity Plus Visa Rewards 2000 | Walmart Card 1700 | Capital One Cash Rewards 1500 | NTB Card 700


New Member
lwguy
Posts: 2
Registered: ‎03-09-2013

Re: Auto Loan Approvals!

APPROVING BANK: ally
BUREAU PULLED: transunion
CREDIT SCORE: 634
CUSTOMER STATE OF RESIDENCE:WI
NEW/USED: used
YEAR OF VEHICLE: 2012
MAKE: Ford
MODEL: Fusion
MILEAGE: 20,000
RETAIL/LEASE: finance
AMOUNT OF LOAN: 17,000
TERM CONTRACTED: 72
APR/LEASE RATE: 11.65
MONTHLY PAYMENT: 325
ANNUAL INCOME: 30000
MISCELLANEOUS COMMENTARY:
I don't know how my score was so high I tried all of the different credit score sites and company's for my credit score. My myfico transunion was 635 my myfico equifax was only 588, my credit inform score was 613, my credit karma was 610 and my experian was 604. I feel like I got the best deal on this site LOL. I was actually turned down by the dealership! But I came in with my own finance's and the dealership just had to try to beat the price...

 

Regular Contributor
Strepthroat
Posts: 243
Registered: ‎06-13-2008

Re: Auto Loan Approvals!

APPROVING BANK: Wells Fargo
BUREAU PULLED: EQ
CREDIT SCORE: 779 & 811 (Spouse)
CUSTOMER STATE OF RESIDENCE: GA
NEW/USED: New
YEAR OF VEHICLE: 2013
MAKE: Toyota
MODEL: Camry SE Sport w/Navigation and Entune Package
MILEAGE: 13
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 24,506
TERM CONTRACTED: 60
Months APR/LEASE RATE: 2.09%
MONTHLY PAYMENT: 429
MISCELLANEOUS COMMENTARY:
Established Member
mrsbagalot1222
Posts: 29
Registered: ‎07-05-2010

Re: Auto Loan Approvals!

[ Edited ]
APPROVING BANK: Navy Federal Credit Union
BUREAU PULLED: Transunion
CREDIT SCORE: 702
CUSTOMER STATE OF RESIDENCE: NJ
NEW/USED: Used
YEAR OF VEHICLE: 2009
MAKE: Mercedes-Benz
MODEL: C-300 4Matic
MILEAGE: 47,000
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 14,000 (5,500 cash downpayment)($19,500 total)
TERM CONTRACTED: 60 mos.
APR/LEASE RATE: 2.99%
MONTHLY PAYMENT: $251

ANNUAL INCOME: $74K
MISCELLANEOUS COMMENTARY: Very very happy to be a Mercedes-Benz Owner and happy about the deal we scored.

~Current Wallet: NFCU Signature CashRewards Visa $5000/AAFES Military Star Card $3600/NFCU NavCheck $1500/Applied Bank $700/Amazon GE $700/Walmart GE $500/Credit One $500/Paypal Smart Connect $300/Orchard Bank: $300/WFNNB-Comenity Bank:Victoria's Secret $300/Express $250/New York&Company $250~
Established Member
Spoolingbyu
Posts: 11
Registered: ‎09-22-2012

Re: Auto Loan Approvals!

APPROVING BANK: Suncoast Schools Federal Credit Union
BUREAU PULLED: Equifax
CREDIT SCORE: 591
CUSTOMER STATE OF RESIDENCE: Fl
NEW/USED: Refinance
YEAR OF VEHICLE: 2007
MAKE: Mazda
MODEL: 3
MILEAGE: 60705
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $12735
TERM CONTRACTED: 60
APR/LEASE RATE: 7.25
MONTHLY PAYMENT: $262
ANNUAL INCOME: $61k
MISCELLANEOUS COMMENTARY: After surprisingly getting a loan for the mustang and for such a good rate I went in to see about refinancing of the Mazda to get out from under my Santander loan which had 47 months left at 24% apr and $430 a month. It only made sense that they would help me lower payments to help pay for the other car. They were super nice and approved me and while looking at my credit report the lady said my one credit card with a $200 limit wasn't enough to really help my credit so she talked me into applying for one of there cards and I got approved for a $2000 limit. On top of that I found out they are giving $250 any time you open up a account and get a car or mortgage loan so I ended up opening a new account and getting $500 combined for the mustang and Mazda loans.

Quick side note- 3/1 the dealer pulled a 523(589 auto enhanced score) with 7 items on my report. On 3/8 they pulled a 591(non auto enhanced) at the bank with 2 items on my report. Just a few minutes ago I received a email saying my dispute results are ready and pulled my scores off of here and both reports have me at 632 with 0 items reporting. 109 point increase in 7 days. Not to sound soft but I cried a little as it has been 8 months and almost $20k paid off to medical collections and countless hours on the phone everyday.

I seriously have to thank everyone that has ever posted on this forum as I couldn't have done it without you guys. Well I could have but not so quickly LOL!


Starting Score: 515EQ/556TU
Current Score: 632EQ/632TU
Goal Score: 750


Take the FICO Fitness Challenge
Valued Contributor
Dustink
Posts: 2,980
Registered: ‎10-02-2012

Re: Auto Loan Approvals!


Spoolingbyu wrote:
APPROVING BANK: Suncoast Schools Federal Credit Union
BUREAU PULLED: Equifax
CREDIT SCORE: 591
CUSTOMER STATE OF RESIDENCE: Fl
NEW/USED: Refinance
YEAR OF VEHICLE: 2007
MAKE: Mazda
MODEL: 3
MILEAGE: 60705
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $12735
TERM CONTRACTED: 60
APR/LEASE RATE: 7.25
MONTHLY PAYMENT: $262
ANNUAL INCOME: $61k
MISCELLANEOUS COMMENTARY: After surprisingly getting a loan for the mustang and for such a good rate I went in to see about refinancing of the Mazda to get out from under my Santander loan which had 47 months left at 24% apr and $430 a month. It only made sense that they would help me lower payments to help pay for the other car. They were super nice and approved me and while looking at my credit report the lady said my one credit card with a $200 limit wasn't enough to really help my credit so she talked me into applying for one of there cards and I got approved for a $2000 limit. On top of that I found out they are giving $250 any time you open up a account and get a car or mortgage loan so I ended up opening a new account and getting $500 combined for the mustang and Mazda loans.

Quick side note- 3/1 the dealer pulled a 523(589 auto enhanced score) with 7 items on my report. On 3/8 they pulled a 591(non auto enhanced) at the bank with 2 items on my report. Just a few minutes ago I received a email saying my dispute results are ready and pulled my scores off of here and both reports have me at 632 with 0 items reporting. 109 point increase in 7 days. Not to sound soft but I cried a little as it has been 8 months and almost $20k paid off to medical collections and countless hours on the phone everyday.

I seriously have to thank everyone that has ever posted on this forum as I couldn't have done it without you guys. Well I could have but not so quickly LOL!

Congrats :smileyhappy:

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:21    


     $14k          $8.5K          $7.5k          $7.5k         $6.5k             $6k             $5k            $5k             $5k              $5k           NPSL       @ 0%
Member
htownfanatic
Posts: 10
Registered: ‎01-15-2009

Re: Auto Loan Approvals!

APPROVING BANK: NMAC
BUREAU PULLED: All 3 I Believe
CREDIT SCORE: 660
CUSTOMER STATE OF RESIDENCE: TX
NEW/USED: NEW
YEAR OF VEHICLE: 2013
MAKE: NISSAN
MODEL: Altima SV
MILEAGE: 34
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 25,296 (2,000 cash downpayment required to be given TIER 2 Qualification)
TERM CONTRACTED: 60 mos.
APR/LEASE RATE: 6.39%
MONTHLY PAYMENT: $454.61

ANNUAL INCOME: $60K
MISCELLANEOUS COMMENTARY: Very very happy to be approved through NMAC, I went around Oct 2012 and the dealer wanted to make me sign for 18% APR, Walked out of there, Paid off a few baddies and came out way lower!! I also was approved for Capital One Blank Check for 9.2% but decided against that obviously. I am 25 yr. old recent college grad, with some Student loan missed payments due to negligence. Glad to be financed at that rate and hope to join NFCU and get refinanced in 6 months.

Valued Contributor
Dustink
Posts: 2,980
Registered: ‎10-02-2012

Re: Auto Loan Approvals!


htownfanatic wrote:
APPROVING BANK: NMAC
BUREAU PULLED: All 3 I Believe
CREDIT SCORE: 660
CUSTOMER STATE OF RESIDENCE: TX
NEW/USED: NEW
YEAR OF VEHICLE: 2013
MAKE: NISSAN
MODEL: Altima SV
MILEAGE: 34
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 25,296 (2,000 cash downpayment required to be given TIER 2 Qualification)
TERM CONTRACTED: 60 mos.
APR/LEASE RATE: 6.39%
MONTHLY PAYMENT: $454.61

ANNUAL INCOME: $60K
MISCELLANEOUS COMMENTARY: Very very happy to be approved through NMAC, I went around Oct 2012 and the dealer wanted to make me sign for 18% APR, Walked out of there, Paid off a few baddies and came out way lower!! I also was approved for Capital One Blank Check for 9.2% but decided against that obviously. I am 25 yr. old recent college grad, with some Student loan missed payments due to negligence. Glad to be financed at that rate and hope to join NFCU and get refinanced in 6 months.


You will have to make large payments to create some equity. Otherwise with that small downpayment you will be upsidedown and struggle to refi.

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:21    


     $14k          $8.5K          $7.5k          $7.5k         $6.5k             $6k             $5k            $5k             $5k              $5k           NPSL       @ 0%
Established Member
DrSkeeter
Posts: 19
Registered: ‎01-18-2013

Re: Auto Loan Approvals!

Finally, I qualify to post on this topic!!!!

 

APPROVING BANK: CarMAX Auto Financial
BUREAU PULLED: EQ
CREDIT SCORE: 641Fico but when I saw CarMAX papers, It was 625 Auto..
CUSTOMER STATE OF RESIDENCE: FL
NEW/USED: Used
YEAR OF VEHICLE: 2010
MAKE: Mercedes
MODEL: E350 4Matic
MILEAGE: 40.6k
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 36k
TERM CONTRACTED: 72mo
APR/LEASE RATE: 5.8%
MONTHLY PAYMENT: 611
ANNUAL INCOME: 3k + tips a month
MISCELLANEOUS COMMENTARY: Was going to do 60months at 4.8 but I went with 72 for the lower payments, but going to pay more than minimum anyways. Went with that just in case I need to use my funds for other things. Planning on paying off within 5years, 4 would be nice.
BTW, I've dreamt of this car for months, now it's parked right outside. White w/panoramic roof.. 

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+