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Frequent Contributor
Posts: 292
Registered: ‎10-05-2010
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Re: Auto Loan Approvals!

[ Edited ]
APPROVING BANK:Wells Fargo Dealer Services
BUREAU PULLED: Unsure
CREDIT SCORE: 654 Experian and 665 Transunion
CUSTOMER STATE OF RESIDENCE:Florida
NEW/USED: Used
YEAR OF VEHICLE: 2010
MODEL: Honda Accord LXE Coupe
MILEAGE: 25,000
RETAIL/LEASE:bought
AMOUNT OF LOAN:20,000
TERM CONTRACTED:72 months
APR/LEASE RATE:9%
MONTHLY PAYMENT:380
ANNUAL INCOME:$65,000
MISCELLANEOUS COMMENTARY:655 exp and 665 TU got me 9% from Wells Fargo Dealer Services
Established Member
Posts: 15
Registered: ‎08-20-2012
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Re: Auto Loan Approvals!

[ Edited ]
APPROVING BANK: BB&T
BUREAU PULLED: Equifax (660)
CUSTOMER STATE OF RESIDENCE: Virginia 
NEW/USED: New
YEAR OF VEHICLE: 2013
MODEL: Honda Accord EXL V6 w/out Navigation
MILEAGE: 15
RETAIL/LEASE: Purchase
AMOUNT OF LOAN: 31,526.33 
TERM CONTRACTED: 72 months
APR/LEASE RATE:  5.84%
MONTHLY PAYMENT: 521.37
ANNUAL INCOME:$75000
 
New Member
Posts: 3
Registered: ‎09-22-2012
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Re: Auto Loan Approvals!

Auto Loan Approvals! [ Edited ]
This thread is to be used for your Auto Loan Approvals just copy and paste!
 
APPROVING BANK:
BUREAU PULLED:
CREDIT SCORE:
CUSTOMER STATE OF RESIDENCE:
NEW/USED:
YEAR OF VEHICLE:
MAKE:
MODEL:
MILEAGE:
RETAIL/LEASE:
AMOUNT OF LOAN:
TERM CONTRACTED:
APR/LEASE RATE:
MONTHLY PAYMENT:
ANNUAL INCOME:
MISCELLANEOUS COMMENTARY:





Message Edited by Schoolbuskid on 05-31-2008 09:46 AM

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Re: Auto Loan Approvals!

New Member
Posts: 3
Registered: ‎05-17-2012
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Re: Auto Loan Approvals!

APPROVING BANK: TD Bank
BUREAU PULLED: Equifax
CREDIT SCORE: 593
CUSTOMER STATE OF RESIDENCE: GA - Vehicle purchased in Tennessee
NEW/USED: New
YEAR OF VEHICLE: 2012
MAKE: Ford
MODEL: F150 - XLT
MILEAGE: 3
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 28,600
TERM CONTRACTED: 75 months
APR/LEASE RATE: 5.34% (!)
MONTHLY PAYMENT: 450.18
ANNUAL INCOME: 68,000
MISCELLANEOUS COMMENTARY: Shocked I got approved at such a low interest rate. Hell, shocked I got approved at all, with just my trade in, as I now have 2 vehicle loans, and a mortgage. I was hesitant to apply, as I closed on my house in May, and my credit score took a hit when I bit the bullet to go out and apply for about 5-6 credit cards and financed some furniture, but all in all, can't beat that interest rate. I read an article where TD Bank CEO was saying in September that the future of his company depended on the subprime market. Good news for those of us trying to rebuild credit history that have the means to do so.
Contributor
Posts: 99
Registered: ‎10-20-2012
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Re: Auto Loan Approvals!

[ Edited ]

Auto Loan Approvals!

APPROVING BANK: Santarder(Roadloan)
BUREAU PULLED:
CREDIT SCORE:673 when he pull on EQ 620
CUSTOMER STATE OF RESIDENCE: SC
NEW/USED:USED
YEAR OF VEHICLE:2009
MAKE:Honda Ac
MODEL:4D
MILEAGE:42000
AMOUNT OF LOAN:18000
TERM CONTRACTED:72
APR/LEASE RATE:20.9
MONTHLY PAYMENT:422
ANNUAL INCOME:60000
MISCELLANEOUS COMMENTARY:My Friend is first time car buyer. he has 3 collections and 2 CO. it been 5 year ago.But when dealer pulled his credit report and they said no one can give him a loan but Santarder.BC he has credit but very limit ! and i dont know how they check his credit but did not see any CO and collections.he has 4 credit card at that time. but they see only 1 ???? may be he disputing with EQ in his credit report at that time. ??? i dont know what happened with that dealer........

Member
Posts: 10
Registered: ‎10-23-2012
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Re: Auto Loan Approvals!

APPROVING BANK: Fifth Third Bank
BUREAU PULLED:
CREDIT SCORE: 637
CUSTOMER STATE OF RESIDENCE: VA
NEW/USED: New
YEAR OF VEHICLE: 2013
MAKE: Kia
MODEL: Rio
MILEAGE: 28
RETAIL/LEASE: Retail
AMOUNT OF LOAN:20300
TERM CONTRACTED: 60 mo.
APR/LEASE RATE: 6.14
MONTHLY PAYMENT: 390
ANNUAL INCOME: 58000
MISCELLANEOUS COMMENTARY: Submitted credit apps at three dealerships. This one was the first to respond, in about 14 hours. The other two could not match that rate.

 


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Current Score: EQ 637/TU 647
Goal Score: 750


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Valued Contributor
Posts: 1,142
Registered: ‎05-17-2010
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Re: Auto Loan Approvals!

APPROVING BANK: JP Morgan Chase
BUREAU PULLED: TU
CREDIT SCORE: 731
CUSTOMER STATE OF RESIDENCE: IL
NEW/USED: New
YEAR OF VEHICLE: 2012
MAKE: BMW
MODEL: 335i X-Drive Coupe
MILEAGE: 35
RETAIL/LEASE: Retail
AMOUNT OF LOAN:51400
TERM CONTRACTED: 72 mo.
APR/LEASE RATE: 3.29%
MONTHLY PAYMENT: 791
ANNUAL INCOME: 95500
MISCELLANEOUS COMMENTARY:  BK7 in 01/06.  $1500 down.    
Established Contributor
Posts: 937
Registered: ‎07-24-2012
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Re: Auto Loan Approvals!

APPROVING BANK: Chase
BUREAU PULLED: EQ
CREDIT SCORE: 765
CUSTOMER STATE OF RESIDENCE: FL
NEW/USED: NEW
YEAR OF VEHICLE: 2012
MAKE: Range Rover
MODEL: Evoque coupe
MILEAGE: 48
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $23,600 after $25,000 down
TERM CONTRACTED: 60
APR/LEASE RATE: 1.9%
MONTHLY PAYMENT: $417
ANNUAL INCOME: 86,000 to 105,000 (varies yearly)
MISCELLANEOUS COMMENTARY: Needed (or wanted) a new car and had cash for down I had saved for years while driving my beater pick up truck. Tried B of A and was declined (I have personal and business checking with major balances there). Tried a local credit union and was approved for 2.49%. Called dealer to set up test drive and purchase and they wanted to see if they could get me a better rate. I was fully expecting a decline but I was approved in less than a minute. Signed papers and drove the car to B of A for cashiers check for down (that felt good). I am doubling up on payments for next few months so I can get ahead of the note in case I need a break at some point but payment so low it's really not a problem. 

Thanks for all the great advice posted here, everyone has been a huge help in getting me on a better path!
Community Leader
Established Contributor
Posts: 909
Registered: ‎08-30-2007
0

Re: Auto Loan Approvals!

[ Edited ]

scenery_guy wrote:
APPROVING BANK: Chase
BUREAU PULLED: EQ
CREDIT SCORE: 765
CUSTOMER STATE OF RESIDENCE: FL
NEW/USED: NEW
YEAR OF VEHICLE: 2012
MAKE: Range Rover
MODEL: Evoque coupe
MILEAGE: 48
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $23,600 after $25,000 down
TERM CONTRACTED: 60
APR/LEASE RATE: 1.9%
MONTHLY PAYMENT: $417
ANNUAL INCOME: 86,000 to 105,000 (varies yearly)
MISCELLANEOUS COMMENTARY: Needed (or wanted) a new car and had cash for down I had saved for years while driving my beater pick up truck. Tried B of A and was declined (I have personal and business checking with major balances there). Tried a local credit union and was approved for 2.49%. Called dealer to set up test drive and purchase and they wanted to see if they could get me a better rate. I was fully expecting a decline but I was approved in less than a minute. Signed papers and drove the car to B of A for cashiers check for down (that felt good). I am doubling up on payments for next few months so I can get ahead of the note in case I need a break at some point but payment so low it's really not a problem. 

Thanks for all the great advice posted here, everyone has been a huge help in getting me on a better path!

Congrats big time.  And this is just me, but the next check I would write would be to empty my BoA accounts and put them where you are treated like a valuable customer.  They refused to give me a Bass Pro Visa a few years ago while I was rebuilding(680+ Fico).  Cabelas stepped up to the plate, and that's where I do most of my business even though there is not a store anywhere near me.  I feel the same way about Cap1, only worse.  Much worse..


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