Auto Loan Approvals!

[cartwrna]

After just looking yes DCU has better rates, for a used car on a 65 month loan you can get a rate as low as 1.49% for 65 months with DD, 1.99% without and a score greater than 675 (EQ04 score not the 08 you can pull from MyFICO) will get you that rate. I feel that DCU is pretty laid back as far as loans go. I literally put in the application online then called they reviewed for 5 minutes and I was approved.

[cartwrna]

It all depends on the length of loan you want to carry. NFCU offers 1.49%, but only up to 36 months.

[darkfrosty]

So is it worth joining dcu if I already belong to nfcu and usaa

edit

nvm not eligible

[cartwrna]

Anyone is eligible if you pay $10 donation to reach out to schools

[darkfrosty]

link ?

[cartwrna]

When you fill out the membership application it will ask how your eligible to join, one of the options is to make a donation to one of there charities. It will allow you to make the donation with your application.

[Anonymous]

APPROVING BANK: Ally FInancial
BUREAU PULLED: Equifax
CREDIT SCORE: 609
CUSTOMER STATE OF RESIDENCE: IA
NEW/USED: NEW
YEAR OF VEHICLE: 2015
MAKE: Hyundai
MODEL: Elantra
MILEAGE: 12
RETAIL/LEASE:Reatail
AMOUNT OF LOAN: 23,000
TERM CONTRACTED: 72
APR/LEASE RATE: 11
MONTHLY PAYMENT: 450ish
ANNUAL INCOME: 59K
DEBT TO INCOME RATIO: ? 
MISCELLANEOUS COMMENTARY: Negative Equity of 6K brought down to 2k due to rebates/down payment, second caryover of negative equity.  Refi as soon as report clears up a bit in 9-12 months.

[RushXTC]

APPROVING BANK: Golden 1
BUREAU PULLED:  Unsure
CREDIT SCORE: Unsure
CUSTOMER STATE OF RESIDENCE: CA
NEW/USED: NEW
YEAR OF VEHICLE: 2015
MAKE: Ford
MODEL: Mustang GT
MILEAGE: 15
RETAIL/LEASE:Retail
AMOUNT OF LOAN: $41,330
TERM CONTRACTED: 84
APR/LEASE RATE: 2.99%
MONTHLY PAYMENT: $552.36
ANNUAL INCOME: $0
DEBT TO INCOME RATIO: ? 
MISCELLANEOUS COMMENTARY: I had to put 2k down, Due to negative equity (Was still under even after the 2k) I used my father as a co-signer since this was a bigger loan than my previous one (Approved for 25kish @ 3.29% on my own with the previous loan)

[Jeff532003]

APPROVING BANK: Greylock FCU
BUREAU PULLED: Experian
CREDIT SCORE: 709
CUSTOMER STATE OF RESIDENCE: Massachusetts
NEW/USED: New
YEAR OF VEHICLE: 2015
MAKE: Subaru
MODEL: Legacy limited
MILEAGE: 34
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 26790
TERM CONTRACTED: 72
APR/LEASE RATE: 2.49%
MONTHLY PAYMENT: 408.71
ANNUAL INCOME: 65000
DEBT TO INCOME RATIO: 1% prior to car loan not including rent.
MISCELLANEOUS COMMENTARY: My score was a 520 this time last year. Thanks to this site I've had tremendous success rebuilding. I was approved through many banks at 3.2-4.5% but no one could beat my credit union. Couldn't be happier with this loan. I was able to get the more loaded car for a great payment thanks to my super low interest rate.

[Anonymous]

APPROVING BANK:Wells Fargo
BUREAU PULLED:Equifax/Experian
CREDIT SCORE:655
CUSTOMER STATE OF RESIDENCE:VA
NEW/USED:New
YEAR OF VEHICLE:2014
MAKE:Ford
MODEL:F150
MILEAGE:1
RETAIL/LEASE:
AMOUNT OF LOAN:$33,000
TERM CONTRACTED:72
APR/LEASE RATE:7.74%
MONTHLY PAYMENT:$594.00
ANNUAL INCOME:90k
DEBT TO INCOME RATIO:30%
MISCELLANEOUS COMMENTARY:First new car I have every owned, always bought used and always had subprime loans.  I have been focused on my credit for 6 months and have brought my score up 100 points.  I have 2 car loans which have never been late and have had for 3 years until trading one in on the new vehicle.  I'm going to give it some time and see about a refi with Navy Fed.