I just applied for a Navy Federal auto loan in the amount of $17,000. My credit is only 633 at the moment, so I wasn't expecting miracles- but I was at least expecting to be approved at high rate. I was denied.
After getting off the phone about the auto loan (just out of curiosity) I applied for a credit card, which I was approved for with a limit of $7,000.
I'm confused. Has anyone had this happen?