Auto Loan Approvals!

[bakalao2k]

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@Anonymous wrote:

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@Anonymous wrote:

APPROVING BANK: Wells Fargo Bank
BUREAU PULLED: Experian
CREDIT SCORE: 695 (Enhanced Auto)
CUSTOMER STATE OF RESIDENCE: California
NEW/USED: Used
YEAR OF VEHICLE: 2007

MAKE: Land Rover

MODEL: Range Rover Sport Supercharged
MILEAGE: 28000
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 34999
TERM CONTRACTED: 72 Months
APR/LEASE RATE: 7.50%
MONTHLY PAYMENT: 800
MISCELLANEOUS COMMENTARY: Auto enhanced score was over 20pts difference.

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confused. shouldn't that monthly payment come out to a little over $600 a month?

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I think bossvibe's monthly payment includes the interest calculated on the loan amount.

[bakalao2k]

APPROVING BANK: Wells Fargo Bank
BUREAU PULLED: Experian
CREDIT SCORE: 695 (Enhanced Auto)
CUSTOMER STATE OF RESIDENCE: California
NEW/USED: Used
YEAR OF VEHICLE: 2007

MAKE: Land Rover

MODEL: Range Rover Sport Supercharged
MILEAGE: 28000
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 34999
TERM CONTRACTED: 72 Months
APR/LEASE RATE: 7.50%
MONTHLY PAYMENT: 800
MISCELLANEOUS COMMENTARY: Auto enhanced score was over 20pts difference.

[Anonymous]

APPROVING BANK: Chase
BUREAU PULLED: Transunion
CREDIT SCORE: 727
CUSTOMER STATE OF RESIDENCE: CO
NEW/USED: Used
YEAR OF VEHICLE: 2010

MAKE: Chevy

MODEL: Traverse LT
MILEAGE: 8500
RETAIL/LEASE: Retail
AMOUNT OF LOAN: approx. $29k (incl. TTL, $400 neg. equity on trade)
TERM CONTRACTED: 72 months
APR/LEASE RATE: 5.46%
MONTHLY PAYMENT: $482
MISCELLANEOUS COMMENTARY: We also apped through two credit unions we are members of and both pulled Experian, which came back at 625...100 points lower!! One turned us down and the other approved at a much higher rate, so we went with Chase through the dealer. Planning to pull our experian reports to figure out what is on there that made it so much lower, assuming a mistake as we don't know of anything valid that isn't on Transunion and Equifax...

[chasmith]

APPROVING BANK: Ford Motor Credit

BUREAU PULLED: Experian

CREDIT SCORE: "630s" per Dealer Finance person
CUSTOMER STATE OF RESIDENCE: VA
NEW/USED: Used (Ford Certified)
YEAR OF VEHICLE: 2009

MAKE: Ford

MODEL: Fusion
MILEAGE: 16200

RETAIL/LEASE: Retail
AMOUNT OF LOAN: approx. $22k (incl. extended service contract, $1,000.00 down for total price of $23K)
TERM CONTRACTED: 60 months
APR/LEASE RATE: 10.9%
MONTHLY PAYMENT: $473
MISCELLANEOUS COMMENTARY: CH7 BK filed 8/2009, discharged 11/2009.  Before shopping applied to two credit unions and USAA - Apple FCU and USAA turned me down, NFCU approved at higher interest rate and downplaying.  Also tried Honda, Nissan both turned me down but for 0% deals.  Dealer pulled Americredit, Chase, NMAC, Suntrust, Wells Fargo.  Americredit approved but couldn't beat rate, Suntrust denied.  I used the USAA vehicle shopping service which was awesome.

[buggle]

APPROVING BANK: Toyota Financial Services
BUREAU PULLED: Equifax, and Transunion
CREDIT SCORE:  Equifax: 683; Transunion: 673
CUSTOMER STATE OF RESIDENCE: New York
NEW/USED: New
YEAR OF VEHICLE: 2010

MAKE: Toyota

MODEL: Rav4 Limited
MILEAGE: 6
RETAIL/LEASE:Retail
AMOUNT OF LOAN: $25,000.00
TERM CONTRACTED:  5 years
APR/LEASE RATE: 2.9%
MONTHLY PAYMENT:$448.00
MISCELLANEOUS COMMENTARY:

[buggle]

APPROVING BANK: Toyota Financial Services
BUREAU PULLED: equifax/transunion
CREDIT SCORE: Equifax: 683; Transunion: 673
CUSTOMER STATE OF RESIDENCE: New York
NEW/USED: New
YEAR OF VEHICLE: 2010

MAKE: Toyoya

MODEL: RAV4
MILEAGE: 6
RETAIL/LEASE: retail
AMOUNT OF LOAN: 25,000.00
TERM CONTRACTED: 5 years
APR/LEASE RATE: 2.9%
MONTHLY PAYMENT: $448.00
MISCELLANEOUS COMMENTARY:

[mizvalentine]

APPROVING BANK: University Credit Union (Boston)
BUREAU PULLED: TU
CREDIT SCORE: 679
CUSTOMER STATE OF RESIDENCE: MA
NEW/USED: USED
YEAR OF VEHICLE: 2004

MAKE: Honda

MODEL: Odyssey
MILEAGE: don't know yet...this was a preapproval, no mileage restriction.
RETAIL/LEASE:
AMOUNT OF LOAN: $11K preapproved
TERM CONTRACTED: 48 months
APR/LEASE RATE: 6.24%
MONTHLY PAYMENT:$260.11
MISCELLANEOUS COMMENTARY: Can't BELIEVE they approved me, and with no money down!  I'm so excited to go shopping!

[Anonymous]

APPROVING BANK: Wells Fargo
BUREAU PULLED:TU
CREDIT SCORE:489
CUSTOMER STATE OF RESIDENCE:MO
NEW/USED:Used
YEAR OF VEHICLE:2006

MAKE:Ford

MODEL:F150
MILEAGE:104,000
RETAIL/LEASE:Retail
AMOUNT OF LOAN:13000 ish
TERM CONTRACTED:60 months
APR/LEASE RATE:18%
MONTHLY PAYMENT:343 ish
MISCELLANEOUS COMMENTARY

I had horrible looking credit with no revolving credit. I did this purchase because the vehicle that I had bought brand new in 01 and paid off finally quit running. My credits score was 498 on 5-1-2010 as of 8-5-2010 it was about 620. I paid off 600$ on different things that was on my credit and purchased this truck. As of right now everything is paid in full other than the truck so I cant wait to see if my score will go up again next month.

[Anonymous]

APPROVING BANK: US Bank
BUREAU PULLED: TU
CREDIT SCORE: 729
CUSTOMER STATE OF RESIDENCE: Illinois
NEW/USED: New
YEAR OF VEHICLE: 2011

MAKE:Ford

MODEL: Flex SEL w/Ecoboost
MILEAGE: 350
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 43000
TERM CONTRACTED: 72 months
APR/LEASE RATE: 5%
MONTHLY PAYMENT: 640
MISCELLANEOUS COMMENTARY: Paid off 7K in credit cards the previous 3 months, and watched my score go from a 648 to a 729 (TU)  Had no problems getting approved for the car with 1500 down and additional warranty purchase.

[mtafesse]

APPROVING BANK: United FCU
BUREAU PULLED: TU
CREDIT SCORE:614
CUSTOMER STATE OF RESIDENCE: TX
NEW/USED: USED
YEAR OF VEHICLE: 2005

MAKE: Mercedes

MODEL: E320
MILEAGE:67,000
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 19,694
TERM CONTRACTED:60
APR/LEASE RATE:12.75
MONTHLY PAYMENT:444.00
MISCELLANEOUS COMMENTARY: 1 PAID CO. 2 YEAR CREDIT HISTORY

[whudini3000]

APPROVING BANK: Prestige CCU

BUREAU PULLED: Experian

CREDIT SCORE: "644"
CUSTOMER STATE OF RESIDENCE: TX
NEW/USED: Used
YEAR OF VEHICLE: 2004

MAKE: Acura

MODEL: TL w/ Nav in Above average Condition
MILEAGE: 67000

RETAIL/LEASE: Private Party
AMOUNT OF LOAN: $12k at loan value and  with $1.2k towards the total cost of the car Total Cost:$13,250
TERM CONTRACTED: 48months
APR/LEASE RATE: 8.99%
MONTHLY PAYMENT: $300
MISCELLANEOUS COMMENTARY: 1 Charge off, 1 settled account. Best decision I ever made was going with a CU!!!!!!!!!!!!!! I have one like this, with black interior! Thanks myfico!