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Moderator Emeritus
Tuscani
Posts: 6,182
Registered: ‎03-29-2007

Re: Tuscani (or anyone else) just read your auto enhanced thread and



ktl55 wrote:


Tuscani wrote:


ktl55 wrote:


Tuscani wrote:
Your auto score will be lower than your classic FICO if you have no auto history.



So, that being said. Should my dh and I not use my credit when car shopping? I wanted both cars to have my name attached so that I can have car paying history


Depends.. Adding your credit might not yield the best rate; however, both incomes (assuming you work) could help get the app approved.


Why is that, because I don't have auto loan experience; it's an installment loan, I do have a sl does that history account for anything? I do work. Are you saying that because of my "non-auto history" I could be denied for an auto loan all together?


Not all instament loans are the same. :smileyhappy:
 
Yes, even if your score was high enough, you could still get denied if you have no auto history.

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