Reply
Moderator
Revelate
Posts: 9,765
Registered: ‎12-30-2011
0

Re: Where to Apply?


firststep wrote:

Here is my Update:

 

My utilization down to 35% from 98% .. score is 613 Experian by roadloan 

 

got loan from capitalone (19%) and roadloan (11% with 4K down)  [ car i am looking to buy cost me around 20K have downpayment around 7K ]

 

planning to go to dealer and ask them if they can give me better rate.... either way i will refinance after 6-8 months

 

guys... give me some advice what might be my best course to take ..  I need to buy car within 10 days ..thanks

 

 


11% isn't a terrible APR in your situation at all.  I think you already have your plan right there, that's exactly what I did actually and anecdotally it's worked for a lot of folks.

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 673, EQ 8 707, TU 720, EX 702* (09/02/14, EX older)
Goal Score: 700 on EQ '04 (01/01/15)


Take the myFICO Fitness Challenge
Established Contributor
TrishN
Posts: 505
Registered: ‎11-05-2012
0

Re: Where to Apply?

Capital one. No No they turn me down 2 times . lol and they pull all 3 for your app !

10/2012 Started with 588 EQ Fico score and 20+ CA and CO
1750$ total CL
10/2013 in 700 Club
Personal :Total CL 196K
Business : Total CL 200K
Business LOC : 1M
Garden From 10/13/2013
Valued Contributor
MovingForward_2012
Posts: 3,406
Registered: ‎12-19-2012
0

Re: Where to Apply?

Update from my last post. About to close on our dream house in about a week and the price tag is $347,900. Things didn't work out with me purchasing our current residence as my landlord refused to make any repairs and the price jumped to $210,000. It isn't worth that much. Landlord is upset that I'm not buying her property and is trying to evict us before we close on the house. Never paid her late so I hired an attorney.

Best of luck finding a new car...keep us posted. :-)
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! :smileyhappy: Last App: 4/5/13 Gardening until July 2014
New Member
firststep
Posts: 4
Registered: ‎12-09-2012
0

Re: Where to Apply?

Final update:

 

I finally bought a car and got interest rate 9% dealer beat roadloans rate of 11%   ( credit score : 610 transunion dealer pulled)

 

I am still planning to refinance after 6 months.

 

thanks everyone for your valuable input.


Starting Score: 530
Current Score Equifax: 647
Current Score Experian: 647
Current Score Transunion: 640
Goal Score: 700



myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}