So, I'm currently looking to buy a new car and roll over around 2k in negative equity. What are SDFCU limits as far as LTV ratio? How do they look upon "bad accounts"? I have one collection account DOFD was May 2013 and it is unpaid. A $1200 balance. I pulled my EQ04 score and it came back as a 676. Shows my credit utilization is 19%. No late payments show. I have 53 inquiries which are all auto loans besides 3 credit card inquiries. All the auto inquiries were 9/2013 and 5/2014. Most are for the same finance company with like 3 for each on all a day apart. My AAoA is 1.3 years according to the new report. My income is around 60-70k a year. I currently have two open auto loans and one paid auto loan showing. My DTI going by payments on the EQ04 report is 26%, but I will be eliminating a large car payment with the trade and don't expect to pay anymore so DTI should stay the same.
Don’t take your credit for granted, use it with care! These days, catch me in the bankruptcy forum!?
