Mega Contributor
Posts: 15,442
Registered: ‎04-09-2011
Re: First time using auto I have an auto enhanced score?

Walt_K wrote:

Assuming you meet the criteria to have a FICO score, you will have an auto-enhanced FICO score.  But it may be lower than your normal FICO since you have no auto history. 

I agree, you may have to put a sum of money down on the vehicle but you should be able to be approved.


Do you have any reolving credit in your name??

Any installment loans??


Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014