Reply
Regular Contributor
Posts: 127
Registered: ‎05-13-2008
0

Car loan hit

So I was just approved and already purchased a "new" 06 Civic with total loan amount of 16k

 

How much of a hit are my scores going to take from this?

 

TransUnion Experian Equifax
549 500 516 6/2008
TransUnion Experian Equifax
598 530 608 6/2009
TransUnion Experian Equifax
613 602 624 7/2009
Established Member
Posts: 11
Registered: ‎10-12-2008
0

Re: Car loan hit

Hi....I don't have an answer to your question, but I want to know who you got financing with?  I have scores similar to yours and am looking to purchase a used car.  :smileyhappy:
Regular Contributor
Posts: 127
Registered: ‎05-13-2008
0

Re: Car loan hit

I went to a local place in San Diego who got financing through Mission Federal Credit Union

My Auto Fico was 730 i when I was filling out the paperwork

 

TransUnion Experian Equifax
549 500 516 6/2008
TransUnion Experian Equifax
598 530 608 6/2009
TransUnion Experian Equifax
613 602 624 7/2009
Regular Contributor
Posts: 127
Registered: ‎05-13-2008
0

Re: Car loan hit

oh the name of the place was Siry Auto
TransUnion Experian Equifax
549 500 516 6/2008
TransUnion Experian Equifax
598 530 608 6/2009
TransUnion Experian Equifax
613 602 624 7/2009
Established Member
Posts: 11
Registered: ‎10-12-2008
0

Re: Car loan hit

Thanks for the info!  And, I think the hit to your scores for the new account will be minimal, maybe a few points.  I remember seeing this topic addressed in some other discussions.  Congrats on the "new" car!! 

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.