Credit Cards Center Credit cards from our partners
Reply
Established Member
Posts: 12
Registered: ‎10-17-2007
0

Re: Auto Loan Approvals!

Congrats on the approvals and thanks Schoolbus - I wasn't really expecting to get denied by anybody - including - Roadloans so it came as a surprise that I was Smiley Happy - oh well - alls well that ends well in my case!
Established Member
Posts: 12
Registered: ‎06-23-2008
0

Re: Auto Loan Approvals!


APPROVING BANK: Credit Union
BUREAU PULLED: Equifax
CREDIT SCORE: 633
CUSTOMER STATE OF RESIDENCE:
NEW/USED: New
YEAR OF VEHICLE: 2008
MAKE: Dodge
MODEL:
MILEAGE: 167
RETAIL/LEASE: Retail
AMOUNT OF LOAN: ~$26k
TERM CONTRACTED: 72/months
APR/LEASE RATE: 9.49
MONTHLY PAYMENT: $472
MISCELLANEOUS COMMENTARY: Zero down, and 9.49% interest. Rolled in $5000 of negative equity from previous auto loan. The old car needed an entirely new A/C system, tires, and it was missing. Plus we got out from our sub sub sub prime loan of 25.9% interest. I've been so scared to go into a dealership for fear of getting rejected or another horrible sub prime loan, but we went to a no haggle dealership and the finance guy bumped us down from 11% to 9.49% instead of putting us into a worse loan to pad his salary.
You guys were right on the money. Credit Union had the best terms, and the dealership told us to put away our checkbook unless we wanted to lower the monthly payment. More down didn't equal a lower interest rate so we kept our money in savings and drove off the lot.

EQ: 617; TU: 614; EX: 597 as of 6/29/08
Member
Posts: 20
Registered: ‎05-28-2008
0

Re: Auto Loan Approvals!

[ Edited ]
APPROVING BANK:BOA BUREAU PULLED:NOT SURE BUT THINK TU CREDIT SCORESmiley FrustratedEE BELOW CUSTOMER STATE OF RESIDENCE:TX NEW/USED:USED YEAR OF VEHICLE:2005 MAKE:CHEVY MODEL:TAHOE MILEAGE:50 K RETAIL/LEASE:RETAIL AMOUNT OF LOAN:20000.00 TERM CONTRACTED:60 MNTHS APR/LEASE RATE:6.04% MONTHLY PAYMENT:391.OO MISCELLANEOUS COMMENTARY:REFI,WAS PREVIOUSLY FINANCED WITH SOMEONE ELSE THROUGH COAF @ 18.00% FOR ABOUT 1 YEAR.

Message Edited by shortstuff on 07-11-2008 03:48 PM
FICO TU 07/04/08-704,08/04/08-684,9/13/08-708 ;EQ 07/03/08-676,08/04/08 706,09/13/08-706;EX 07/04/08-682,08/04/08 668,09/13/08-694
Frequent Contributor
Posts: 358
Registered: ‎04-17-2008
0

Re: Auto Loan Approvals!

[ Edited ]
APPROVING BANK: American Honda Financial
BUREAU PULLED: TU
CREDIT SCORE: 783
CUSTOMER STATE OF RESIDENCESmiley FrustratedC...purchased in NC
NEW/USED:New
YEAR OF VEHICLE:2008
MAKE:Honda Accord
MODEL:EXL
MILEAGE:4
RETAIL/LEASE:Retail
AMOUNT OF LOAN:17K
TERM CONTRACTED:60 months
APR/LEASE RATE:3.9
MONTHLY PAYMENT:330.01
MISCELLANEOUS COMMENTARY:Had I waited 5 days ( no special apr on Accords until May) I would have gotten 0.9 apr... Oh and I forgot to ask what my auto enhanced score was... my only regrets so far. After paying 458 monthly for 4 years I continue to pay 458 on the Honda to lower my term to 37 months.


Message Edited by Bran9192 on 07-11-2008 07:14 PM
Highlighted
Established Member
Posts: 51
Registered: ‎07-01-2008
0

Re: Auto Loan Approvals!

APPROVING BANK: ROADLOANS
BUREAU PULLED:  EX
CREDIT SCORE: 610
CUSTOMER STATE OF RESIDENCE: VERMONT
NEW/USED: USED
YEAR OF VEHICLE: HAVEN'T DECIDED YET 
MAKE:
MODEL:
MILEAGE:
RETAIL/LEASE:
AMOUNT OF LOAN: 22000
TERM CONTRACTED: 72
APR/LEASE RATE: 18
MONTHLY PAYMENT: $501
MISCELLANEOUS COMMENTARYSmiley Frustratedtill haven't decided if I will use this blank check from Roadloans or not.  I guess it is a good offer for someone with my scores (still rebuilding credit).  I had wanted about $3K more than they offered me.  They wouldn't budge when I asked them to up the approval to $25K.  
 
 
 
7/13/08  EX 610, TU 559, EQ 544 (I hate Equifax!!)  
Valued Contributor
Posts: 1,934
Registered: ‎10-23-2007
0

Re: Auto Loan Approvals!

APPROVING BANK:Truliant FCU
BUREAU PULLED:EQ
CREDIT SCORE:612
CUSTOMER STATE OF RESIDENCE:NC
NEW/USED:Used
YEAR OF VEHICLE:2005
MAKE:Nissan
MODEL:Pathfinder
MILEAGE:21885
RETAIL/LEASE:Retail
AMOUNT OF LOAN:15000
TERM CONTRACTED:66
APR/LEASE RATE:8.0
MONTHLY PAYMENT:282
MISCELLANEOUS COMMENTARY: Well i decided to get rid of my mountaineer, i realized just how bad i was getting tired of that thing as we drove to get the Pathfinder, im so glad i traded, i love the pathfinder, its better on gas too!
Established Contributor
Posts: 844
Registered: ‎09-23-2007
0

Re: Auto Loan Approvals!

congrats schoolbuskid!
__________________________________________________
Time to clean house and get rid of CCs from bad CCCs. Opt'd Out and Paying off the Balance: BofA. Closed: Chase Freedom. Keeping: Amex Blue, Amex Costco Cash back, Citi Forward, USAA MC, USAA Amex, and PenFed Platinum Cash Back. Next up for review: Chase Sapphire...
Member
Posts: 16
Registered: ‎08-12-2007
0

Re: Auto Loan Approvals!

APPROVING BANK: NFCU
BUREAU PULLED: EQ
CREDIT SCORE: 654
CUSTOMER STATE OF RESIDENCE: AZ
NEW/USED: New
YEAR OF VEHICLE: 2007
MAKE: Chevy
MODEL: Cobalt
MILEAGE: 0
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 13500
TERM CONTRACTED: Ugh...72 months Smiley Sad I pay more though.
APR/LEASE RATE: 6.00%
MONTHLY PAYMENT: 226
MISCELLANEOUS COMMENTARY: Dont ever finance for this long! Shoot for 3, settle for 4.
bg
Established Contributor
Posts: 610
Registered: ‎08-01-2008
0

Re: Auto Loan Approvals!

I'm surprised more people dont have special financing... when I went to the toyota and honda dealerships they told me they could give 3.9 for 48 months with only a 6-something.
08/01/2008 - 472 EQ; 523 TU; 454 EX
03/01/2009 - 574 EQ
08/08/2009 - 648 EQ
01/27/2010 - 671 EQ
07/04/2010 - 713 EQ
01/05/2011 - 730 EQ
Member
Posts: 9
Registered: ‎07-09-2008
0

Re: Auto Loan Approvals!

[ Edited ]
APPROVING BANK: Honda Financial

BUREAU PULLED: TU

CREDIT SCORE: 661

CUSTOMER STATE OF RESIDENCE: FL

NEW/USED: NEW

YEAR OF VEHICLE: 2008

MAKE: Honda

MODEL: Accord EX-L Sedan

MILEAGE: 2 miles!

RETAIL/LEASE: Retail

AMOUNT OF LOAN: 27000

TERM CONTRACTED: 72 months

APR/LEASE RATE: 8

APR MONTHLY PAYMENT: 488

MISCELLANEOUS COMMENTARY:

Message Edited by jamaicanhitman on 08-06-2008 05:43 PM

Message Edited by jamaicanhitman on 08-06-2008 05:45 PM
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.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.