Auto Loan Approvals!

[Anonymous]

APPROVING BANK: Toyota Financial
BUREAU PULLED: Not sure
CREDIT SCORE: 713 (Experian I think) and 748 Auto Enhanced
CUSTOMER STATE OF RESIDENCE: CA
NEW/USED: New
YEAR OF VEHICLE: 2014
MAKE: Toyota
MODEL: Corolla LE Eco Plus
MILEAGE: approx 15
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $15,000
TERM CONTRACTED: 60 mo
APR/LEASE RATE: 1.9%
MONTHLY PAYMENT: $262
ANNUAL INCOME: approx 30K
DEBT TO INCOME RATIO: Not sure
MISCELLANEOUS COMMENTARY: Been a long time since I bought a car (10 plus years) so I threw myself back into it. Put down $5500 and negotiated down to a comfortable amount for my monthly payments after paying off my last car nearly 7 years ago. Was hoping for 0% but the dealership was only offering a 1.9% special on Corollas (could have gone for a higher priced car at 0% but just couldn't stomach a higher monthly payment!). All in all happy with my purchase...I had forgotten how great it is to have a new car...but I also can't say I've missed having car payments...oh well!

[Anonymous]

APPROVING BANK: Toyota Financial
BUREAU PULLED: Not sure
CREDIT SCORE: 713 (Experian I think) and 748 Auto Enhanced
CUSTOMER STATE OF RESIDENCE: CA
NEW/USED: New
YEAR OF VEHICLE: 2014
MAKE: Toyota
MODEL: Corolla LE Eco Plus
MILEAGE: approx 15
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $15,000
TERM CONTRACTED: 60 mo
APR/LEASE RATE: 1.9%
MONTHLY PAYMENT: $262
ANNUAL INCOME: approx 30K
DEBT TO INCOME RATIO: Not sure
MISCELLANEOUS COMMENTARY: Been a long time since I bought a car (10 plus years) so I threw myself back into it. Put down $5500 and negotiated down to a comfortable amount for my monthly payments after paying off my last car nearly 7 years ago. Was hoping for 0% but the dealership was only offering a 1.9% special on Corollas (could have gone for a higher priced car at 0% but just couldn't stomach a higher monthly payment!). All in all happy with my purchase...I had forgotten how great it is to have a new car...but I also can't say I've missed having car payments...oh well!

[Devil151]

APPROVING BANK:  USAA
BUREAU PULLED:  Equifax
CREDIT SCORE:  EQ 680 (USAA), TU 722(per MBFS)
CUSTOMER STATE OF RESIDENCE:  MD
NEW/USED:  New
YEAR OF VEHICLE:  2015
MAKE:  Mercedes Benz
MODEL: C400
MILEAGE:  13
RETAIL/LEASE:  Retail
AMOUNT OF LOAN:  $59,000
TERM CONTRACTED:  72
APR/LEASE RATE:  4.98
MONTHLY PAYMENT:  950
ANNUAL INCOME:  $87500
DEBT TO INCOME RATIO:
MISCELLANEOUS COMMENTARY:  Was approved by MBFS again at 5.49%.  Appplied for the Mercedes Amex and approved as well.

[nvk]

APPROVING BANK: DCU
BUREAU PULLED: Equifax
CREDIT SCORE: 707 (via Discover), 768 (CK)
CUSTOMER STATE OF RESIDENCE: New Hampshire
NEW/USED: New

YEAR OF VEHICLE: 2015
MAKE: Subaru
MODEL: Outback
MILEAGE: Factory ordered car, will be delivered to the dealership within a week
RETAIL/LEASE: Buy 
AMOUNT OF LOAN: 30,000
TERM CONTRACTED: 65
APR/LEASE RATE: 1.9
MONTHLY PAYMENT: $480 (approximate, including GAP)
ANNUAL INCOME: 80,000
DEBT TO INCOME RATIO: ~9%
MISCELLANEOUS COMMENTARY: I ordered a Subaru Outback 2015 in  July which should be delivered to the dealership in the next few days. This morning I walked into DCU and 30 minutes later, walked out with a blank check which could be used for any amount less than 30,000 (which is the amount I applied for). I was also approved for a DCU Visa card with a 7,500$ limit.

The APR of 1.9 could be reduced down to 1.49 if I channeled 100% of my paycheck into my DCU account but I didn't want to do that as I have a few piggy bank accounts where i send 5% of my paycheck every month.

DCU was unbelievably easy to work with. Highly recommended! 

[sccredit]

APPROVING BANK: PenFed
BUREAU PULLED: 
CREDIT SCORE:
CUSTOMER STATE OF RESIDENCE: CA
NEW/USED: New
YEAR OF VEHICLE: 2014
MAKE: Ram
MODEL: 2500
MILEAGE: 13
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $35,726.67
TERM CONTRACTED: 72 Mos
APR/LEASE RATE: 2.5
MONTHLY PAYMENT: $534.86
ANNUAL INCOME: $150,000
DEBT TO INCOME RATIO:
MISCELLANEOUS COMMENTARY:  Got $10k off the truck.  Great deal, great rate from PenFed, they had the check out in about an hour.  

[nma851]

APPROVING BANK: Toyota Financial
BUREAU PULLED: TransUnion
CREDIT SCORE: 786 (837 auto-enhanced)
CUSTOMER STATE OF RESIDENCE: IN
NEW/USED: New
YEAR OF VEHICLE: 2015
MAKE: Toyota
MODEL: Camry SE Sport
MILEAGE: 27
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $26,500
TERM CONTRACTED: 60 months
APR/LEASE RATE: 0%!!
MONTHLY PAYMENT: $442
MISCELLANEOUS COMMENTARY: CANNOT believe that my auto enhanced was 837 as all my previous auto loans fell off (10 years hit). I guess good payments & good utilization (7%) did the trick! Extended warranty & all the bells & whistles included in the financing. No money down, keeping my old car, & 0% for the next 60M. Who can complain about FREE financing???

[arlo82]

APPROVING BANK: AmericanCredit Acceptance
BUREAU PULLED: Experian
CREDIT SCORE: 507
CUSTOMER STATE OF RESIDENCE: Georgia
NEW/USED: used
YEAR OF VEHICLE: 2009
MAKE: Honda
MODEL: Accord coupe EX-L
MILEAGE: 38k
RETAIL/LEASE: retail
AMOUNT OF LOAN: 16,500
TERM CONTRACTED: 72 months
APR/LEASE RATE: 26%
MONTHLY PAYMENT: 470
ANNUAL INCOME: 67000
DEBT TO INCOME RATIO:
MISCELLANEOUS COMMENTARY: Working on rebuilding my credit. Will refinance in 6 mos to a year.

[Anonymous]

APPROVING BANK: Honda Financial
BUREAU PULLED: TransUnion
CREDIT SCORE: 599
CUSTOMER STATE OF RESIDENCE: Ohio
NEW/USED: New
YEAR OF VEHICLE: 2015
MAKE: Honda
MODEL: Accord
MILEAGE: 10
RETAIL/LEASE: Buy
AMOUNT OF LOAN: $23000
TERM CONTRACTED: 72 months
APR/LEASE RATE: 14.99
MONTHLY PAYMENT: $548
ANNUAL INCOME: 50K
DEBT TO INCOME RATIO: unknown
MISCELLANEOUS COMMENTARY: $2500 trade in + $1000 cash down.

The transmission in my Jeep went out and didnt really have a choice, really wanted a new jeep wrangler unlimited but I will be happy with the much better gas mileage.

[Anonymous]

APPROVING BANK: Ally Financial
BUREAU PULLED: Equifax
CREDIT SCORE: 703
CUSTOMER STATE OF RESIDENCE: MO
NEW/USED: NEW
YEAR OF VEHICLE: 2014
MAKE: Jeep
MODEL: Cherokee
MILEAGE: 26
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 25965
TERM CONTRACTED: 72 mo
APR/LEASE RATE: 4.25%
MONTHLY PAYMENT: 441
ANNUAL INCOME: 45750
DEBT TO INCOME RATIO: 22%
MISCELLANEOUS COMMENTARY: Added GAP insurance and extended warranty.

[Anonymous]

APPROVING BANK:  Randolph Brooks FCU Pre Approvals 90 day window
BUREAU PULLED: TU
CREDIT SCORE: 702
CUSTOMER STATE OF RESIDENCE: TX
NEW/USED: Used
YEAR OF VEHICLE:  Two Vehicles 2014   and 2006
MAKE:  Chevrolet Impala Limited and Chrysler Sebring Convertible
MODEL: L and Tourning
MILEAGE: 5700 and 36000
RETAIL/LEASE:  Retail
AMOUNT OF LOAN:  up to 18000 and 7500
TERM CONTRACTED:  60 mos and 48 mos
APR/LEASE RATE: 2.99
MONTHLY PAYMENT: TBD
ANNUAL INCOME:32556
DEBT TO INCOME RATIO:  No debt before this.
MISCELLANEOUS COMMENTARY:  While I was at it obtained approval for low rate MC 2000 CL .  This was all done in person in one hour with one hard pull on TU.  Not a favorabe rate as it should have been 1.65% so still shopping, but have this in my pocket at least.  

[Jaybone2]

APPROVING BANK:Gateway One
BUREAU PULLED:Transunion
CREDIT SCORE:695
CUSTOMER STATE OF RESIDENCE:NY
NEW/USED:Used
YEAR OF VEHICLE:2006
MAKE:BMW
MODEL:530xi wagon
MILEAGE:81000
RETAIL/LEASE:13990
AMOUNT OF LOAN:13500
TERM CONTRACTED:5yr
APR/LEASE RATE:8.2%
MONTHLY PAYMENT:$279
ANNUAL INCOME:120000
DEBT TO INCOME RATIO:1-2%
MISCELLANEOUS COMMENTARY:will try pay it off early