Posts: 86
Registered: ‎06-19-2012
Auto Loan through Ally Financial

I currently have an auto loan through Ally Financial (it was originally GMAC, but Ally purchased it).  I've had the loan (with a cosigner) since July 2008.  In 2010 I was going through a rough patch post-divorce and had 2 - 30 day lates.  One in February 2010 and one in August 2010.  I've had perfect payment history since then and am actually 2 payments ahead on my loan.


I'm now looking into purchasing a newer vehicle with less miles, and when the dealership tried to get me financing - Ally Financial denied me an auto loan.  My credit is still wrecked from that rough patch after the divorce, so my credit score is only 545 right now.  I'm currently doing what I can to rebuild (get the baddies off my report from a few years ago, GW deletions, etc)..  My question is - what are the chances that I could get Ally Financial to take a second look by an actual person (not a computer generated approval/denial) and get approved for the loan? 

Starting Score: 539 EQ 06/19/2012
Current Score: 615 EQ 08/13/2012, 563 EX 07/27/2012
Goal Score: 700

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