cancel
Showing results for 
Search instead for 
Did you mean: 

Bummed!!

tag
jwills1218
Regular Contributor

Bummed!!

I negotiated a great deal on the redesigned 2013 Accord Ex. Gave them my blessing to pull credit last night to find they use exp! I've read from some that they used tU as well as exp. turns out my score for exp is 630!! They are submitting to banks this morning... Really wish my TU score was used, it's much higher.my exp is the lowest of the three. 

8/14/2014
EQ: 604
TU: 607
EXP: 610

8/22/14
607, 612, 629
Message 1 of 12
11 REPLIES 11
Shogun
Moderator Emeritus

Re: Bummed!!

Hopefully all will go well.  Think positively!

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.
Message 2 of 12
jwills1218
Regular Contributor

Re: Bummed!!

My actual score was 637 for Experian. I was told i was approved by AHF for 9.39%. I'm in the process of trying to see if thats the lowest, or is that with the dealer 2% mark up.

8/14/2014
EQ: 604
TU: 607
EXP: 610

8/22/14
607, 612, 629
Message 3 of 12
Shogun
Moderator Emeritus

Re: Bummed!!

You could get it, keep working on your CRs and refinance it in 6 months to a year.

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!

June 2017 update: All scores over 820, just pure gardening now.
Message 4 of 12
germaine47
Frequent Contributor

Re: Bummed!!

I applied for both Honda and Toyota, but in my region they most assuredly pulls Equafax.  When I spoke with Dealer I requested that they pull my Transunion as well becuase it was my highest score.  I decided to go with Toyota Camry with 1.9% APR for 60 months, be positive and state the facts and everything will work out.

Fico September 2012; TU 681, EX 674, EQ 652
Fako October 2012: TU 706, EX 641,
Message 5 of 12
Cadillac-XTS
Established Contributor

Re: Bummed!!

Congrats

Message 6 of 12
bodybuilder510
Regular Contributor

Re: Bummed!!

Congrats... 9% is marked up, car is brand new. With your scores, 5% is reasonable. Fight hard
Message 7 of 12
Revelate
Moderator Emeritus

Re: Bummed!!


@bodybuilder510 wrote:
Congrats... 9% is marked up, car is brand new. With your scores, 5% is reasonable. Fight hard

5% from dealer financing on a new car with a 630 credit score?   That would not be common in my opinion; likely can do better elsewhere but 9% isn't unreasonable in this instance.  As others have posted, refinaincing in six months can likely reduce the interest rate by some amount.

 

 




        
Message 8 of 12
FrugalRican
Blogger

Re: Bummed!!

I was going to say what Revelate said.

With a 630, I've seen far worse APR's.

 

 

Follow my financial journey: http://www.frugalrican.com


EQ FICO (01/16/2012): 656 - EQ FICO (02/16/2012): 743 - EQ (02/24/2012): 760 - EX (04/28/2012): 739 - GOAL 2013: 800+

AMEX BCE (0/10K) --- BOA 1-2-3 (0/15.9K) --- Discover More (0/6K) --- Chase Freedom Visa (0/1.4K) -- Hyatt Visa Sign. (0/5.8K) -- Barclay's NFL Card (0/7.5K) -- Chase Sapphire Preferred (0/5K)

Message 9 of 12
ImprovingYouth
Regular Contributor

Re: Bummed!!


@FrugalRican wrote:

I was going to say what Revelate said.

With a 630, I've seen far worse APR's.

 

 


 

+1

Age: 22 //Cards: Chase Freedom, Chase Amazon Visa, Discover IT, CreditOne, CapOne Quicksilver, CapOne Cash, Walmart, Barclaycard, Citibank BestBuy, NavyFederal Visa Signature cashRewards //AAoA: 1 Year 3 Months (but going down quickly Smiley Tongue) //CK:692, Sesame:656
Message 10 of 12
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.