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Honda Finance Denied (confused)

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Anonymous
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Honda Finance Denied (confused)

Hi,

 

I just applied for Honda financing online and I was denied.  I wasn't expecting it, my salary is decent, my scores are all in the 700s and I have zero negative items (I just checked all three).  Very confused.  I do have high student loans, but all deferred for over a year and still they have always been paid on time.  I have one CC with utilization under 20% and always paid on time.   Could the student loans be the problem though?   I have an open car loan that has always been paid on time (for 3 years) and that is it.

Message 1 of 5
4 REPLIES 4
Anonymous
Not applicable

Re: Honda Finance Denied (confused)

Oh yes and one car loan that was fully paid off for 3 years, no lates, always paid on time..  so confused. 

Message 2 of 5
Creditaddict
Legendary Contributor

Re: Honda Finance Denied (confused)

How much did you apply for?

what is a good salary?

I would go into a dealership and talk to finance manager... they can pull strings if it's a close call.

Message 3 of 5
Anonymous
Not applicable

Re: Honda Finance Denied (confused)

more numbers please? salary? student loan balance? type of Honda you wanted to buy NSX? lol

Message 4 of 5
Anonymous
Not applicable

Re: Honda Finance Denied (confused)

with no numbers, we can commiserate- but offer no help.

Message 5 of 5
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