Auto Loan Approvals!

[Dustink]

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@Anonymous wrote:

APPROVING BANK: Wells Fargo
BUREAU PULLED:EQ
CREDIT SCORE:604
CUSTOMER STATE OF RESIDENCE:Tennessee
NEW/USED:New
YEAR OF VEHICLE:2015
MAKE:Nissan
MODEL:Rogue
MILEAGE: 239

RETAIL/LEASE: Retail

AMOUNT OF LOAN:28106
TERM CONTRACTED:72
APR/LEASE RATE: 6.99%
MONTHLY PAYMENT: 490.70
ANNUAL INCOME: 49500
DEBT TO INCOME RATIO:
MISCELLANEOUS COMMENTARY: Car fully loaded also includes Nissan Security Plus Gold and Prepaid Maintenance ;Paintless Dent and Windshield Coverage Also placed 

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How does the paintless dent coverage work? How much was it?

[Anonymous]

APPROVING BANK: NMAC
BUREAU PULLED: EXPERIAN
CREDIT SCORE: 643
CUSTOMER STATE OF RESIDENCE: CA
NEW/USED: NEW
YEAR OF VEHICLE: 2015
MAKE: NISSAN
MODEL: ROGUE
MILEAGE: 5
RETAIL/LEASE: $28,000
AMOUNT OF LOAN: $13,700
TERM CONTRACTED: 60 MONTHS
APR/LEASE RATE: 2.9%
MONTHLY PAYMENT: $245
ANNUAL INCOME: $60,000
DEBT TO INCOME RATIO: 40%
MISCELLANEOUS COMMENTARY:

[pip3man]

APPROVING BANK: Nissan Motor Acceptance Corp.
BUREAU PULLED: Transunion
CREDIT SCORE: 620
CUSTOMER STATE OF RESIDENCE: NJ
NEW/USED: New
YEAR OF VEHICLE: 2014
MAKE: Nissan
MODEL: Sentra SL (fully loaded, leather, sun roof, navi etc)
MILEAGE: 5
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $27,555
TERM CONTRACTED: 72months
APR/LEASE RATE: 3.7%
MONTHLY PAYMENT: $428
ANNUAL INCOME: $40,000
DEBT TO INCOME RATIO: Not sure
MISCELLANEOUS COMMENTARY: the Nissan Security Plus Gold, GAP, Paint Protection and Alarm System added on brought the final price to $27k. No proof of income requested

[tereefeec]

Hey All,

Just wanted to post my experience here. We bought this car and neogitated over email and pitted 3 dealers against eachother and I just wanted to get a price of 12% off MSRP and it worked out. We went with the dealer who was most friendly, easy to deal with (without a lot of back and forth) and followed up well.

APPROVING BANK:  Preapproved with DCU. Went with Chase.
BUREAU PULLED:  TU
CREDIT SCORE: 798 for me 795 for wife
CUSTOMER STATE OF RESIDENCE:  NJ
NEW/USED:  NEW
YEAR OF VEHICLE:  2015
MAKE:  Audi
MODEL:  Q5 Premium Plus with Tech, Pano roof, Tech package, Blind Spot Monitoring, B&O Premium Audio
MILEAGE:  37
RETAIL/LEASE:  $42,700
AMOUNT OF LOAN:  $38,000
TERM CONTRACTED:  65 MO
APR/LEASE RATE:  1.49 with DCU, 1.91 with Chase
MONTHLY PAYMENT:  $620
ANNUAL INCOME:  $138K combined
DEBT TO INCOME RATIO:  No idea

Comments: Car had 37 miles because dealer had to get the car from another dealer due to the color options we wanted (Scuba Blue with tan interior). We went with a higher rate with Chase because it saved us needing to move the direct deposit to DCU. Chase has our direct deposit, credit card and our mortgage comes out of our Chase account.

[tereefeec]

APPROVING BANK:  Preapproved with DCU. Went with Chase.
BUREAU PULLED:  TU
CREDIT SCORE: 798 for me 795 for wife
CUSTOMER STATE OF RESIDENCE:  NJ
NEW/USED:  NEW
YEAR OF VEHICLE:  2015
MAKE:  Audi
MODEL:  Q5 Premium Plus with Tech, Pano roof, Tech package, Blind Spot Monitoring, B&O Premium Audio
MILEAGE:  37
RETAIL/LEASE:  $42,700
AMOUNT OF LOAN:  $38,000
TERM CONTRACTED:  65 MO
APR/LEASE RATE:  1.49 with DCU, 1.91 with Chase
MONTHLY PAYMENT:  $620
ANNUAL INCOME:  $138K combined
DEBT TO INCOME RATIO:  No idea

Comments: Car had 37 miles because dealer had to get the car from another dealer due to the color options we wanted (Scuba Blue with tan interior). We went with a higher rate with Chase because it saved us needing to move the direct deposit to DCU. Chase has our direct deposit, credit card and our mortgage comes out of our Chase account.

[Anonymous]

APPROVING BANK: VW Credit (Audi Financial Services)
BUREAU PULLED: All Three
CREDIT SCORE: Not sure exactly but got TIER B (670-720 Credit Score - Auto Enhanced)
CUSTOMER STATE OF RESIDENCE: RI
NEW/USED: NEW
YEAR OF VEHICLE:2015
MAKE: AUDI
MODEL: Q5 Premium Plus
MILEAGE: 25
RETAIL/LEASE: LEASE
AMOUNT OF LOAN: CAR WAS $44K
TERM CONTRACTED: 42 MONTHS
APR/LEASE RATE: 
MONTHLY PAYMENT: $629 A MONTH
ANNUAL INCOME: $85,000
DEBT TO INCOME RATIO: 9%
MISCELLANEOUS COMMENTARY: I was deep in the hole on my VW Jetta due to some damange and Mileage which cost  me about $5K. Put no money down. Also purchased Wear and Tear Insurance (best decision of my life). 

[teo77777]

APPROVING BANK: MOBILITY CU
BUREAU PULLED: TU and EQ
CREDIT SCORE: 652 Auto Enhanced
CUSTOMER STATE OF RESIDENCE:Tx
NEW/USED: Used
YEAR OF VEHICLE:2013
MAKE:KIA
MODEL SORENTO
MILEAGE:28,000
RETAIL/LEASE:RETAIL
AMOUNT OF LOAN:19500
TERM CONTRACTED:60 MO
APR/LEASE RATE:5.29
MONTHLY PAYMENT:379.00
ANNUAL INCOME: 70K
DEBT TO INCOME RATIO: DUNNO
MISCELLANEOUS COMMENTARY: GREAT RATE FOR ME, AND AN AWESOME EXPERIENCE. BADDIES INCLUDED A BK13 IN 09, FORECLOSURE IN 10,AND A REPO ALSO IN 10. I'M ALSO SELF EMPLOYED AND DREADED GIVING UP 2 YEARS OF TAX RECORDS. WALKED IN AND SAT DOWN AND THEY RAN MY CREDIT AND GAVE ME THE 662 AUTO ENHANCED PRINTOUTS. I NEVER KNEW THAT'S A 900 SCALE SO I WAS THINKING THAT'S LOWWWWW. ASKED WHAT I WANTED, AND I SAID 60 MONTHS,1000 DOWN, AND NO HIGHER THAN 8% APR. HE WROTE IT DOWN, TOOK OFF AND WAS KICKING MYSELF THINKING IF I DO GET APPROVED IT WILL DEFINITELY BE 8% NOW THAT I OPENED MY MOUTH. THIS GUY CAME BACK IN 5 MINUTES, SHOOK MY HAND AND SAID "CONGRATULATIONS, THE CAR IS IN MAKE READY, AND WE GOT YOU 5.29 FROM A LOCAL CREDIT UNION" NEVER ASKED FOR INCOME VERIFICATION, NEVER ASKED ME TO EXPLAIN MY BADDIES, NOTHING. DID MY PAPERWORK AND DROVE IT HOME. IN AND OUT IN ABOUT AN HOUR.THEY GOT MY BUSINESS FOR LIFE.

[prabs99]

APPROVING BANK:  DCU
BUREAU PULLED:  Dont Know
CREDIT SCORE: 806 (Discover FICO)
CUSTOMER STATE OF RESIDENCE:  WA
NEW/USED:  NEW
YEAR OF VEHICLE:  2015
MAKE:  Ford
MODEL:  Fusion SE
MILEAGE:  18
RETAIL/LEASE:  $20,680
AMOUNT OF LOAN:  $23,000

TERM CONTRACTED:  72 MO
APR/LEASE RATE:  1.99%
MONTHLY PAYMENT:  $350?
ANNUAL INCOME:  $96000
DEBT TO INCOME RATIO:  8%

[sebonne1]

APPROVING BANK: Mazda (Chase) but am going thru DCU instead

BUREAU PULLED: EQ 

CREDIT SCORE: 735 auto enhanced 

CUSTOMER STATE OF RESIDENCE: Florida 

NEW/USED: new 

YEAR OF VEHICLE: 2015 

MAKE: Mazda 

MODEL: 6 Grand Touring 

MILEAGE: 3

RETAIL/LEASE: Retail $31,100 minus $5,600 customer discount

AMOUNT OF LOAN: $22,600 w/ tax/title/tags
TERM CONTRACTED: 65mo.
APR/LEASE RATE: 1.99%
MONTHLY PAYMENT: $375.18
ANNUAL INCOME: $42k
DEBT TO INCOME RATIO:
MISCELLANEOUS COMMENTARY: This is auto loan number two approved this month, but am staying with DCU loan number one approved at 1.49%.  Didn’t get the Mercedes CLA, since it would have been $10k more and decided to live within my means.  BK doesn’t seem to matter (from 7 yrs ago). 

[lambo003]

APPROVING BANK: Bethpage Federal Credit Union
BUREAU PULLED: EX
CREDIT SCORE: 787
CUSTOMER STATE OF RESIDENCE: New York
NEW/USED: Used
YEAR OF VEHICLE: 2010
MAKE: Acura
MODEL: TSX
MILEAGE: 45,000
RETAIL/LEASE: Refinance
AMOUNT OF LOAN: $20,015
TERM CONTRACTED: 59 Months
APR/LEASE RATE: 2.29%
MONTHLY PAYMENT: $355
ANNUAL INCOME: $24k
DEBT TO INCOME RATIO:
MISCELLANEOUS COMMENTARY: My payments before I refinanced were $485 in a 72 month agreement. And the rate was 10%. I considered going with DCU but I wanted to go with this credit union to avoid two hard pulls and they also allowed me to defer my first payment for 90 days.

[stagefoursurvivor]

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@lambo003 wrote:
APPROVING BANK: Bethpage Federal Credit Union
BUREAU PULLED: EX
CREDIT SCORE: 787
CUSTOMER STATE OF RESIDENCE: New York
NEW/USED: Used
YEAR OF VEHICLE: 2010
MAKE: Acura
MODEL: TSX
MILEAGE: 45,000
RETAIL/LEASE: Refinance
AMOUNT OF LOAN: $20,015
TERM CONTRACTED: 59 Months
APR/LEASE RATE: 2.29%
MONTHLY PAYMENT: $355
ANNUAL INCOME: $24k
DEBT TO INCOME RATIO:
MISCELLANEOUS COMMENTARY: My payments before I refinanced were $485 in a 72 month agreement. And the rate was 10%. I considered going with DCU but I wanted to go with this credit union to avoid two hard pulls and they also allowed me to defer my first payment for 90 days.

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Hmmm?

I thought BFCU offered 2.09% and pulls Eq, not Ex?

PLUS, DCU 2 hard pulls?