10-09-2012 08:24 AM
HSTV wrote:APPROVING BANK: Wells Fargo Dealer Services
BUREAU PULLED: TransUnion
CREDIT SCORE: 555
CUSTOMER STATE OF RESIDENCE: CA
YEAR OF VEHICLE: 2011MAKE: LEXUSMODEL: IS250
AMOUNT OF LOAN: 27,700
TERM CONTRACTED: 72
APR/LEASE RATE: 8.79%
MONTHLY PAYMENT: $497ANNUAL INCOME: $72,000
MISCELLANEOUS COMMENTARY: I had a BK discharged 7 months ago. I tried Lexus financial, but they would only approve 20K at 17%, even though I am repeat customer. Went to Carmax, 3 lenders were 15% + , but Wells came in at 8.79%. So I drove off with a payment under $500. In contrast, 5 years ago with tier 1, through Toyota Financial I had a 5.9% on a camry. So can't complain.Pre-BK TU: 690BK discharged: Feb 2012Current: TU: 555
Wow. Congrats. I have the same income, TU: 621, EQ:600, AND EX: 589 with one baddie on my report and can't get an approval from WFDS, even with a large downpayment.
Not to mention I work for them in techcology.
10-09-2012 09:17 AM
ds3 wrote:APPROVING BANK: VWBureau Pulled: Experian CREDIT SCORE: 675 Auto V8CUSTOMER STATE OF RESIDENCE: CANEW/USED: NewYEAR OF VEHICLE: 2013MAKE: VolkswagenMODEL: Passat TDI SEL PremiumMILEAGE: 15RETAIL/LEASE: Retail AMOUNT OF LOAN: $34300TERM CONTRACTED: 60 monthsAPR/LEASE RATE: 10.19% MONTHLY PAYMENT: $744ANNUAL INCOME: $93k
Update...my CU came in at 8.99. New pmnt of $665.
Update 2: Dealer came back with 7.9 and threw in a bunch of extras for $654 monthly. I went from a first offer of 20.99 at a different dealer to 7.9 in 2 days. The lesson I learned is shop around, which I have never done before.
10-11-2012 12:00 PM
10-11-2012 04:22 PM
10-12-2012 10:16 AM
10-12-2012 08:25 PM
10-13-2012 06:13 AM - edited 10-13-2012 06:14 AM
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