My husband is going to apply for an auto loan. His FICO score is 634, his debt to income ratio is 9%. His income is $24935. He has a credit card through HSBC, credit line is $1000 and balance is $880. He has paid off most of his student loan in the past year and only $1255 remains. We have about $500-$1000 available for the down payment and we're talking a cheaper vehicle under $10,000. Should we go through a bank, credit union or the dealership for financing?
Thanks!
myFICO starting TU 683 8/26/11
myFICO starting EQ 645 8/26/11
myFICO EQ 652 9/26
