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Auto Loan Approvals!

Member

Re: Auto Loan Approvals!

APPROVING BANK: PenFed
BUREAU PULLED: EQ
CREDIT SCORE: 682 when they pulled on 1/15/18
Edit: 731 when i received the paper saying they ran my credit.
CUSTOMER STATE OF RESIDENCE: Indiana
NEW/USED: Used
YEAR OF VEHICLE: 2006
MAKE: Bentley
MODEL: Continental GT
MILEAGE: Anything below 56,xxx
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $46,000 including 3 yr warranty.
TERM CONTRACTED: 60
APR/LEASE RATE: 3.99
MONTHLY PAYMENT: N/A
ANNUAL INCOME: $90,000-$113,000
DEBT TO INCOME RATIO: Never paid it any attention. But it's low.
MISCELLANEOUS COMMENTARY: Have 4 cars in mind nationwide. The one I really want is not budging off the price but it's been on the lot for 100 days. He's willing to sell it off at an auction then to come down a little/meet me in the middle. Going to call back and see if I can get a Hold of another sales person. If not then I'll go with my #2.
Message 3841 of 3,843
New Member

Re: Auto Loan Approvals!

APPROVING BANK: Capital One
BUREAU PULLED: TU Auto 8, Equifax
CREDIT SCORE: 583 TU/ 632 Equifax
CUSTOMER STATE OF RESIDENCE: Ohio
NEW/USED: Used 
YEAR OF VEHICLE: 2008
MAKE: BMW
MODEL: 535xiT
MILEAGE:94281
RETAIL/LEASE:Retail

AMOUNT OF LOAN: $9970
TERM CONTRACTED:60
APR/LEASE RATE:16.99
MONTHLY PAYMENT:$ 249.59
ANNUAL INCOME:51k
DEBT TO INCOME RATIO:22%

DATE OF PURCHASE: 1/23/18
MISCELLANEOUS COMMENTARY: Filed BK7 7/17, Discharged 11/17.  Opened CreditOne card 10/17 after my 341 mtg.  Since then have opened DiscoverIT Secured, First Premier, this car loan, and 2 days after closing the deal on this Cap1 prequal'd me for a QS1 w/$1k SL.  Have kept revolving balances between 5 and 30%.
Previously burned Cap1 for $1800
2 Previous Repo's through BMW FS

Current score via CreditWise~646...Discover says 596.

Message 3842 of 3,843
New Member

Re: Auto Loan Approvals!

APPROVING BANK: Wells Fargo
BUREAU PULLED: Experian
CREDIT SCORE: 532
CUSTOMER STATE OF RESIDENCE: MD
NEW/USED: New
YEAR OF VEHICLE: 2018
MAKE: Ford
MODEL: Raptor
MILEAGE: 0
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 75k
TERM CONTRACTED: 75mo
APR/LEASE RATE: 5%
MONTHLY PAYMENT: $1150.00
ANNUAL INCOME: $225k
DEBT TO INCOME RATIO: 9%
MISCELLANEOUS COMMENTARY: I had a cosigner that had a 780 credit score, 19% ratio, and makes 65k. It was a fight to get approved by the finance manager, John, at Uniontown Ford in PA didn't take no for an answer. I was fully declined and he started making calls to get the job done. Within 2 days, I went from having 3 declines to 2 approvals. 2 out of 3 isn't bad! Thank god that there's still people in this world that work hard and want to do the best they can at their jobs!

Message 3843 of 3,843