Reply
New Contributor
Posts: 56
Registered: ‎05-21-2007
0

Re: Car Loan Approval. Tell me what you think...

The loan application says they submitted the following terms:  18% for 72 months (is almost a brand new car that only has 39k miles) at $250.92/month.  It says it will be reviewed by a loan officer.  Any idea how long that will take or what they will be looking for?
New Contributor
Posts: 56
Registered: ‎05-21-2007
0

Re: Car Loan Approval. Tell me what you think...

The other one didn't end up working out because they didn't like that my second source of income (a part time job) was unverifiable through a computer generated paycheck stub. It is a church that I work as a childcare worker on the side.  They have copies of all the checks and their hand written ledgers, etc. but Wells Fargo wouldn't accept it.  Therefore, I fell slightly below the minimum monthly income they require.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.