Valued Contributor
Schoolbuskid
Posts: 1,926
Registered: ‎10-23-2007
Re: Auto Loan Approvals!
My sister recently purchased a new chevy cruze here are the details.
 
 
APPROVING BANK: Wells Fargo
BUREAU PULLED:Equifax
CREDIT SCORE:587
CUSTOMER STATE OF RESIDENCE: North Carolina
NEW/USED: NEW
YEAR OF VEHICLE: 2012
MAKE: Chevy
MODEL: Cruze
MILEAGE: 150
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 20081
TERM CONTRACTED: 72
APR/LEASE RATE: 14%
MONTHLY PAYMENT: 424
ANNUAL INCOME: 20k
MISCELLANEOUS COMMENTARY: Traded in 2006 Chrysler 300 Touring w/ 111k miles,( 8975 for trade)  for a 2012 Chevy Cruze LS, manual transmission. Had grandmother to cosign for extra income, credit not much better. Had to put 250 down. Payment is the 1 dollar cheaper than what i was paying on the chrysler.