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New Member
Posts: 4
Registered: ‎08-26-2008
0

Re: Auto Loan Approvals!

APPROVING BANK: MAC (mazda american credit / cab west LLC)
BUREAU PULLED: All Three
CREDIT SCORE:  624 - 659 (not auto enhanced)
CUSTOMER STATE OF RESIDENCE: CA
NEW/USED: New
YEAR OF VEHICLE: 09
MAKE: Mazda
MODEL: RX8
MILEAGE: 5
RETAIL/LEASE: Lease
AMOUNT OF LOAN: 17000
TERM CONTRACTED: 24 months
APR/LEASE RATE:
MONTHLY PAYMENT: 683
MISCELLANEOUS COMMENTARY:
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New Visitor
Posts: 1
Registered: ‎09-20-2008
0

Re: Auto Loan Approvals!

[ Edited ]
APPROVING BANK: JPMorgan Chase BUREAU PULLED: ALL CREDIT SCORE: 640 CUSTOMER STATE OF RESIDENCE: CA NEW/USED: NEW YEAR OF VEHICLE: 2008 MAKE: Mercedes-Benz MODEL: CLK350 Carbiolet MILEAGE: 100 RETAIL/LEASE: RETAIL (MSRP $61,000) AMOUNT OF LOAN: $48000 TERM CONTRACTED: 60 APR/LEASE RATE: 9.99 MONTHLY PAYMENT: 1050 MISCELLANEOUS COMMENTARY: I think the dealer ripped me on the finance. I'm going to refi in a few months when I'm at 660. i can then get 5.9 through my CU. Getting a car loan with marginal credit is a lot easier than I thought!

Message Edited by eddievanhalen on 09-20-2008 04:55 PM
Member
Posts: 5
Registered: ‎06-27-2008
0

Re: Auto Loan Approvals!

APPROVING BANK: Ford Motor Credit BUREAU PULLED: Experian CREDIT SCORE: 595 CUSTOMER STATE OF RESIDENCE: GA NEW/USED: New YEAR OF VEHICLE: 08 MAKE: Ford MODEL: Mustang MILEAGE: 17.2 RETAIL/LEASE: Retail AMOUNT OF LOAN: 27093.20 TERM CONTRACTED: 60 APR/LEASE RATE: 9.9 MONTHLY PAYMENT: $576 MISCELLANEOUS COMMENTARY: The guy told me to join GA credit union for 6 months and then refinance. I plan on making over the minimum payment to get it paid off sooner.
6/27/08 EQ-571
1/2/09 TU-646 EX-626 EQ-629
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Valued Contributor
Posts: 1,934
Registered: ‎10-23-2007
0

Re: Auto Loan Approvals!

Ford is lenient! Congrats on your vehicle purchase!
Valued Member
Posts: 35
Registered: ‎09-04-2008
0

Re: Auto Loan Approvals!

[ Edited ]
APPROVING BANK:Wachovia Dealer Services
BUREAU PULLED: Experian
CREDIT SCORE: 600
CUSTOMER STATE OF RESIDENCE: CA
NEW/USED: Used
YEAR OF VEHICLE: 2007
MAKE: Nissan
MODEL: Pathfinder SE
MILEAGE: 21K
RETAIL/LEASE:
AMOUNT OF LOAN: $22,401
TERM CONTRACTED: 72 months
APR/LEASE RATE: 18.99%
MONTHLY PAYMENT: $439
MISCELLANEOUS COMMENTARY: will update the rest of the fields once I find out. Nissan showed me all 3 CRA scores but was unsure if they were FICO or FAKO. I was approved and took vehicle home but for the next 2 weeks, I received about 6 or 7 letters from various banks that had refused my credit application. It was a month later when I got a statement from Wachovia welcoming me to their ranks.

Message Edited by SecondWind on 09-22-2008 02:49 PM

Starting Score (January 2013): 537
Current Score: 691
Goal Score: 700


Take the myFICO Fitness Challenge
Valued Contributor
Posts: 1,934
Registered: ‎10-23-2007
0

Re: Auto Loan Approvals!

what was Nissans offered rate?
 
I have an 05 Nissan Pathfinder SE in great condition that i bought for 15000 and it had 21k miles on it!
 
It now has 23k miles!
Member
Posts: 7
Registered: ‎05-26-2007
0

Re: Auto Loan Approvals!

[ Edited ]

APPROVING BANK: PENFED

BUREAU PULLED:EQ
CREDIT SCORE:672
CUSTOMER STATE OF RESIDENCE: DC
NEW/USED:Used
YEAR OF VEHICLE:2007
MAKE:Acura
MODEL:TL
MILEAGE:16075
RETAIL/LEASE:Retail
AMOUNT OF LOAN:$ 22,606.57
TERM CONTRACTED:60 months
APR/LEASE RATE:4.75%
MONTHLY PAYMENT:$ 424.97
MISCELLANEOUS COMMENTARY: PenFed is an incredible credit union. Great customer service and very quick with loan approvals and disbursing a check to the car dealership.

Message Edited by Rdennis on 11-12-2008 04:26 PM
Established Member
Posts: 13
Registered: ‎11-09-2007
0

Re: Auto Loan Approvals!

APPROVING BANK: Compass Bank, Arizona.
BUREAU PULLED: Transunion
CREDIT SCORE:  624 - 659 (not auto enhanced)
CUSTOMER STATE OF RESIDENCE: Arkansas
NEW/USED: New
YEAR OF VEHICLE: 09
MAKE: Mazda
MODEL: Mazda5
MILEAGE: 9
RETAIL/LEASE: Financing
AMOUNT OF LOAN: 18200
TERM CONTRACTED: 60 months
APR/LEASE RATE:6.9%
MONTHLY PAYMENT: 358
MISCELLANEOUS COMMENTARY: I got approved with Mazda Credit back in May 08 when my Equifax score was in 700s. I applied a few credit cards and transfered balances that lower my scores to 666. The dealer ran Equifax for Mazda Credit and Transunion for Compass Bank. They do not have any special rate for 09 Mazda5 like the 08s. I put $2000 down and I will try to refinance when my score is up to 700 again. I applied for Penfed and got denied due to new card and balances.
Valued Member
Posts: 28
Registered: ‎10-09-2007
0

Re: Auto Loan Approvals!

Got my car at the end of July but thought I should still submit my info since it was with the forum's help and research that I was able to get a good deal.

 

APPROVING BANK: Capital One Auto Finance
BUREAU PULLED: EQ/TU/EX
CREDIT SCORE: 629/641/644
CUSTOMER STATE OF RESIDENCE: AZ
NEW/USED: Used
YEAR OF VEHICLE: 08
MAKE: CHEVROLET
MODEL: IMPALA
MILEAGE: 11,694
RETAIL/LEASE: RETAIL
AMOUNT OF LOAN: 17,600
TERM CONTRACTED: 60
APR/LEASE RATE: 7.34
MONTHLY PAYMENT: 352
MISCELLANEOUS COMMENTARY: Was approved for the blank check for $18,975 but was able to find a good deal and stay under that amount. Very painless way to buy a vehicle. I didn't even have to provide proof of income. My scores have taken a dip, especially EX. Hopefully by early next year they will start going up again. 
7/10/08 EQ: 629 TU: 641 EX: 644 8/26/08 EX: 595 9/26/08 EQ: 622 TU: 631
Contributor
Posts: 103
Registered: ‎03-24-2008
0

Re: Auto Loan Approvals!

Anybody got anything new to report? Smiley Happy

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