Auto Loan Approvals!

[blunderer]

cyberone28 - Congrats on the "awesome" car.

Definitely look to refi as soon as you can especially if you're a member of a CU.

[blunderer]

CycleNKY - WTG!  Nice rate for a nice car.  Enjoy.

[Ditovera]

APPROVING BANK: Toyota
BUREAU PULLED: Experian
CREDIT SCORE: 635
CUSTOMER STATE OF RESIDENCE: NY
NEW/USED:New
YEAR OF VEHICLE: 2013
MAKErius
MODEL: Persona Edition
MILEAGE:6
RETAIL/LEASE:Retail
AMOUNT OF LOAN:$18549  After BMW trade
TERM CONTRACTED:60 mo
APR/LEASE RATE:0%
MONTHLY PAYMENT:$309
ANNUAL INCOME:55k
DEBT TO INCOME RATIO:

[lovelylisa84]

 
APPROVING BANK: capital one
BUREAU PULLED:equifax
CREDIT SCORE:eq auto 601, tu auto 615, exp 580
CUSTOMER STATE OF RESIDENCE:CA
NEW/USED:new
YEAR OF VEHICLE:2013
MAKE:honda
MODEL: Pilot ex
MILEAGE:6 mil
RETAIL/LEASEurchase
AMOUNT OF LOAN:27386
TERM CONTRACTED:72 mo
APR/LEASE RATE:9.96%
MONTHLY PAYMENT:507
ANNUAL INCOME:90k
DEBT TO INCOME RATIO:not sure:
MISCELLANEOUS COMMENTARY:fresh out of chapter 7 Bk. No one would finance me for as low as cap one. I plan to continue building credit back and hopefully refinance within 6 months. Msrp was 32,600 negotiated to 27689

[SemperGumby]

3.9 % with a 580?  WOW.  It looks like Ford Motor Credit is approving like crazy these days.  Did they have any crazy requirements for you?

[coreyb80]

APPROVING BANK: Prestige
BUREAU PULLED:TU
CREDIT SCORE:580
CUSTOMER STATE OF RESIDENCE:IL
NEW/USED:Used
YEAR OF VEHICLE:2010
MAKEodge
MODEL: Charger
MILEAGE:30,900
RETAIL/LEASE: Purchase
AMOUNT OF LOAN:16K
TERM CONTRACTED:72 mo
APR/LEASE RATE:20%
MONTHLY PAYMENT:449
ANNUAL INCOME:42K
DEBT TO INCOME RATIO:Not quite sure
MISCELLANEOUS COMMENTARY:The only lender that would touch me out of my 2nd chapter 7(the 1st drops off in February 2014).  I love this vehicle!

[blunderer]

Congrats on your new car! 

More importantly; Refi!  Refi!  Refi....as soon as you can.  If you're not already with a credit union get with one and starting building a relationship so you can refi sooner than later.  Credit Unions are usually easier to work with when rebuilding credit

[coreyb80]

That's definitely the plan Blunderer.

[MrOnager]

APPROVING BANK: NMAC (Nissan Motors Acceptance Corp)
BUREAU PULLED: Experian
CREDIT SCORE: 688 (I pulled that here) Don't know what Nissan got
CUSTOMER STATE OF RESIDENCE:
NEW/USED: New
YEAR OF VEHICLE: 2013
MAKE: Nissan
MODEL: Altima 2.5S
MILEAGE: 13
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 22,394
TERM CONTRACTED: 60 mos.
APR/LEASE RATE: 0.9%
MONTHLY PAYMENT: $381
ANNUAL INCOME: $45k
DEBT TO INCOME RATIO: ? this is my only pmt.

MISCELLANEOUS COMMENTARY: Didn't expect this. I'm 70 & retired. The only things my CRs show is 3 CCs, oldest history is 5 yrs & a 110k+ IRS lien that's been released, but still shows. (long story)

My CU is offering 2.74% but wanted to play 200 questions about the lien. Cap1 Blank Check offered me 4.85% up to 26k, so I went shopping. The finance lady at the Nissan store says my CR looks grim w/ no auto loans, mortgages, etc + short history. To make this part of the long story shorter, she says no 0% APR for me. Nissan considers me in Tier 4 & can only offer me 0.9%. Signed the papers & drove away before they could change their minds! Thanks for all the good info I've found here.

[tonyjones]

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@MrOnager wrote:

APPROVING BANK: NMAC (Nissan Motors Acceptance Corp)
BUREAU PULLED: Experian
CREDIT SCORE: 688 (I pulled that here) Don't know what Nissan got
CUSTOMER STATE OF RESIDENCE:
NEW/USED: New
YEAR OF VEHICLE: 2013
MAKE: Nissan
MODEL: Altima 2.5S
MILEAGE: 13
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 22,394
TERM CONTRACTED: 60 mos.
APR/LEASE RATE: 0.9%
MONTHLY PAYMENT: $381
ANNUAL INCOME: $45k
DEBT TO INCOME RATIO: ? this is my only pmt.

MISCELLANEOUS COMMENTARY: Didn't expect this. I'm 70 & retired. The only things my CRs show is 3 CCs, oldest history is 5 yrs & a 110k+ IRS lien that's been released, but still shows. (long story)

My CU is offering 2.74% but wanted to play 200 questions about the lien. Cap1 Blank Check offered me 4.85% up to 26k, so I went shopping. The finance lady at the Nissan store says my CR looks grim w/ no auto loans, mortgages, etc + short history. To make this part of the long story shorter, she says no 0% APR for me. Nissan considers me in Tier 4 & can only offer me 0.9%. Signed the papers & drove away before they could change their minds! Thanks for all the good info I've found here.

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congrats man! I can't wait until November to apply, I got two CC's and one Installment that is gardening one judgement and one charge off ;/