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Established Member
mycreditrepair
Posts: 16
Registered: ‎12-10-2012
0

Who should I apply with?

[ Edited ]

I am in need of a used car loan, as my current car is having major issues and need to trade it in.  Looking for a loan for a 2011 Ford, price $20,000 with a trade of $6600...total loan amount under $15,000.  Who should I apply with?

Established Contributor
TrishN
Posts: 505
Registered: ‎11-05-2012
0

Re: Who should I apply with?

you can apply anywhere you want. But if you want to find a good APR. then you have to list out your credit report. like your AAOA and your creit card, credit limit, your credit scores.... etc....

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
Established Member
mycreditrepair
Posts: 16
Registered: ‎12-10-2012
0

Re: Who should I apply with?

575 Score...old credit cards charged off with $0 balance only mortgage and 2 collections

Established Member
mycreditrepair
Posts: 16
Registered: ‎12-10-2012
0

Re: Who should I apply with?

TU: 644

Established Contributor
TrishN
Posts: 505
Registered: ‎11-05-2012
0

Re: Who should I apply with?

If you want to get the best APR . 

1: how much for CA?

2: how old CA?

3: you want to get them off or pay them?

4: open 3 credit card. And wait until it report to your credit report. To raise your score up.

You have to list complete your credit report, then we can help you better. 

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
Established Contributor
TrishN
Posts: 505
Registered: ‎11-05-2012
0

Re: Who should I apply with?

Another thing. Do you have any family willing to add you to any credit card has been 4 year or over?. This is big help

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: Who should I apply with?

Try Prestige Financial if you want a loan now with your scores. You will be looking at a high interest rate but Prestige has a rate reduction program. Given 17% interest, you are looking at a car payment around $350-400 if you want to get financed now.
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
Established Member
mycreditrepair
Posts: 16
Registered: ‎12-10-2012
0

Re: Who should I apply with?

Was able to get an auto loan with JP Chase Morgan for $16,000 at 9.25% APR.  What a blessing and a good way to end 2012 & start 2013.

Valued Member
Siobhanmairead
Posts: 26
Registered: ‎07-26-2012
0

Re: Who should I apply with?

Congrats on that loan!

 

Just wondering, do you have a Chase checking and/or savings accounts? 

 

Did you apply and get any other offers? My score is 600 and the best APR I was offered was 22.9%. I paid off one car loan 60 months with no lates at all and another car loan is paid off with a couple 30 day lates. 

 

Thank you.


Starting Score: 600
Current Score: 663
Goal Score: 720


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Established Member
mycreditrepair
Posts: 16
Registered: ‎12-10-2012
0

Re: Who should I apply with?

We do not have a Chase account.  No other offers that I know of, the dealer finance guy worked all of it out for us.  I do think the $6000 trade helped....I believe it was just a HUGE blessing with the scores that we currently have.  Keep trying!


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