08-28-2007 09:40 PM
08-28-2007 11:11 PM
08-29-2007 05:32 AM
08-29-2007 07:18 AM - edited 08-29-2007 07:23 AM
iWANTaNISSAN wrote:I'm looking to get a Nissan Altima for $18k. I pulled my CS before I left and this is what it said;714680690Got to the dealer and this is the number they got780I have one CC, and one furniture store account. Both in good standing. No deliquencies or anything negative in my credit history.The dealer would not finance because they said they liked to see 4 types of credit, not 2. He said otherwise my score was "good" and I made enough money and had been at my job a long time, and my time at my current residence looked good. He said he had a guy in the day before with a score of 820 (emplying thats what they like to see). I personaly think they like to see less color on the skin...lol. Tell me what I am doing wrong. Or should I run not walk to another dealer? (which makes me nervouse because more inquiries will drop my score)
08-29-2007 03:17 PM
08-30-2007 04:52 AM
Do you have more than one Nissan dealer where you live? If so most credit unions offer a service where you tell them what car you want and the extra's you want in it, they will find it for you and negotiate a price. You could end up paying less than the sticker
iWANTaNISSAN wrote:Thank you all for excellent advice. I did go to my credit union today like someone suggested and sure enough they were delighted to see my score, and told me they would finance the whole thing!I am not young, I am in my late 30's, I just pay cash for everything. Which I know in the world we live in means a creditor knows nothing about me. Thats why I opened up a couple of accounts. But I always pay in full. My credit score rose over 150pts within a 4mo window!Any car I've wanted I purchased with cash. Ive had a Maxima (that I worshipped!..lol), Volvo and 1 or 2 others. All excellent cars and all paid for, and rode until the wheels fell off. Now I want a new Nissan Altima. --- It must be standard Nissan lingo, because they told me the same thing they told you. "we like to see a car loan on there...blah..blahh' Which in essence they did me a favore. I'm sure their interest rate was atrocious.The problem now is that they know the bank has cleared me. ---THEY CALLED MY BANK! And tried to get them (the bank) to send them (delaer) the paperwork! They told me they were "helping me rush things through" I'm pissed, but this car and the options it comes with is exactly what I want. I'm torn and I feel rushed. Once the dealer found out (about the approval) he blew up my cell phone leaving messages ALL DAY LONG!You are all right....money does talk. There was a couple in there who was differernt from myself, and they didnt seem to be treating them any more worse or better.
08-30-2007 05:13 AM
That's true, I was shopping for a Motorcycle and when I called my CU they told me the purchase price was too much. About 2 hrs later I got a new Purchase Order from the dealer almost $2k less, aparently the CU called them and TOLD them what they are going to sell the bike for.
08-30-2007 04:07 PM - edited 08-30-2007 04:10 PM
08-30-2007 08:18 PM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. 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.