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Auto Loan Approvals!

Member

Re: Auto Loan Approvals!


APPROVING BANK: Navy Ferderal
BUREAU PULLED: EQ
CREDIT SCORE: 658
CUSTOMER STATE OF RESIDENCE: San Diego CA
NEW/USED: NEW
YEAR OF VEHICLE: 2017
MAKE: HONDA
MODEL: PILOT EX-L 2WD
MILEAGE: 8
RETAIL/LEASE: RETAIL
AMOUNT OF LOAN: 35,000
TERM CONTRACTED: 72 MONTHS
APR/LEASE RATE: 2.6
MONTHLY PAYMENT: 525
ANNUAL INCOME: 40,000
DEBT TO INCOME RATIO: 28%

6 months ago finished paying a refinance auto loan with them 11,000 at 6% 44 months. A month ago approved me for a $8,000 personal loan at 10% 25 months.
Message 3771 of 3,823
New Contributor

Re: Auto Loan Approvals!

😳 wow congrats fam
Message 3772 of 3,823
Member

Re: Auto Loan Approvals!

Thanks. Was in shock when navy approved me..
It was just a " what the heck lets see what navy approves me for" cause before that PENFED gave me a 10% interest on a 30,000 loan 72 months using the same HP they pulled on me 2 weeks ago for membership. So after that i was just curious to see what navy could give me.
Message 3773 of 3,823
Contributor

Re: Auto Loan Approvals!

APPROVING BANK: PenFed
BUREAU PULLED: Eq
CREDIT SCORE: 632
CUSTOMER STATE OF RESIDENCE: NM
NEW/USED: Used
YEAR OF VEHICLE: 2016
MAKE: Cadillac
MODEL: SRX
MILEAGE: 28k
RETAIL/LEASE: $34k
AMOUNT OF LOAN: $30k
TERM CONTRACTED: 72m
APR/LEASE RATE: 3.99%
MONTHLY PAYMENT: $470
ANNUAL INCOME: ~$95k
DEBT TO INCOME RATIO:
MISCELLANEOUS COMMENTARY: I was initially denied and on a whim figured I would send in an email asking for a recon. Came back asking for POI and then it was off to the races.

9/2017 TU:629 EQ:654 Exp:629
12/2017 TU:649 EQ:664 Exp:628
Message 3774 of 3,823
New Contributor

Re: Auto Loan Approvals!

Man these are great posts and numbers !!
Message 3775 of 3,823
New Visitor

Re: Auto Loan Approvals!

APPROVING BANK: Chase
BUREAU PULLED: Transunion
CREDIT SCORE: 668
CUSTOMER STATE OF RESIDENCE: IL
NEW/USED: New
YEAR OF VEHICLE: 2017
MAKE: Mazda
MODEL: Cx-5
MILEAGE: 11
RETAIL/LEASE: $24k
AMOUNT OF LOAN: $30k
TERM CONTRACTED: 75m
APR/LEASE RATE: 9%
MONTHLY PAYMENT: $542 (rolled 4K in neg equity over, gap included
ANNUAL INCOME: ~$45k
DEBT TO INCOME RATIO: 33%
MISCELLANEOUS COMMENTARY: 19months out of chapter 7, first loan had 18% interest rate. Plan to refinance around year mark . Happy with my purchase and second chance.
Message 3776 of 3,823
New Member

Re: Auto Loan Approvals!

APPROVING BANK: Alliant Creot union
BUREAU PULLED: i think it was TU
CREDIT SCORE: 750
CUSTOMER STATE OF RESIDENCE: Wa
NEW/USED: New
YEAR OF VEHICLE: 2017
MAKE: Tesla
MODEL: S 90D
MILEAGE: 0
RETAIL/LEASE: 90,500
AMOUNT OF LOAN: 80,000
TERM CONTRACTED: 75m
APR/LEASE RATE: 0.99
MONTHLY PAYMENT:

Largest auto loan to date! Before that, was a 37,000 auto loan with PenFed so I was shocked!
Message 3777 of 3,823
Established Member

Re: Auto Loan Approvals!

Congrats on the Tesla, great vehicle.

 

Hey folks, I'm trying to decide whether or not I want to prequalify for my next car.  I'll need a 60-70k loan on 125k/yr income. 750+ scores across the board with no derogs and low utilization. Think this is likely? Don't want to bother with the inquiries if it's not likely to happen..

CHASE Sapphire Reserve ($29,000) | CHASE Freedom ($22,500) | CHASE Freedom Unlimited ($3300) | CHASE Amazon Rewards ($6000) | CITI Expedia+ ($5800) | LCJ James Allen Card ($3400) | PayPal Extras Mastercard ($6700) | Capital One Quicksilver ($4400) | Jared Store Card ($7600)

Score 03/14/17
EQ: 742 | TU: 749 | EX: 751
Message 3778 of 3,823
Member

Re: Auto Loan Approvals!

Credit to MarvBear for an excellent idea on another forum; this thread is to be used for your Auto Loan Approvals just copy and paste!

APPROVING BANK: DCU
BUREAU PULLED: EQ
CREDIT SCORE: 743
CUSTOMER STATE OF RESIDENCE:
NEW/USED: CPO
YEAR OF VEHICLE: 2016
MAKE: Volvo
MODEL: XC90
MILEAGE: 20,000
RETAIL/LEASE: 47292 out the door
AMOUNT OF LOAN: 45
TERM CONTRACTED: 65
APR/LEASE RATE: 2.49
MONTHLY PAYMENT: 714
ANNUAL INCOME: 85k
DEBT TO INCOME RATIO: NA
MISCELLANEOUS: low Aaoa 8 months. Good DTI. Asked for 45 before I knew what vehicle approved 2.49% also got VISA 5 k same pull. Upload a few docs and check FedEx next day
Message 3779 of 3,823
New Contributor

FINALLY GET TO POST MINE!

APPROVING BANK: 3rd Party Dealer
BUREAU PULLED: EXP
CREDIT SCORE: 663
CUSTOMER STATE OF RESIDENCE: CA
NEW/USED: Used
YEAR OF VEHICLE: 2017
MAKE: Dodge
MODEL: Charger
MILEAGE: 7,800
RETAIL/LEASE: RETAIL
AMOUNT OF LOAN: 21,000
TERM CONTRACTED: 60 mos
APR/LEASE RATE: 8.95%
MONTHLY PAYMENT: Approx $412
MISCELLANEOUS COMMENTARY: Will refinance later. 

Message 3780 of 3,823