Starting Score: 590
HSTV wrote:APPROVING BANK: Wells Fargo Dealer Services
BUREAU PULLED: TransUnion
CREDIT SCORE: 555
CUSTOMER STATE OF RESIDENCE: CA
NEW/USED: USED
YEAR OF VEHICLE: 2011MAKE: LEXUSMODEL: IS250
MILEAGE: 20,000
RETAIL/LEASE: RETAIL
AMOUNT OF LOAN: 27,700
TERM CONTRACTED: 72
APR/LEASE RATE: 8.79%
MONTHLY PAYMENT: $497ANNUAL INCOME: $72,000
MISCELLANEOUS COMMENTARY: I had a BK discharged 7 months ago. I tried Lexus financial, but they would only approve 20K at 17%, even though I am repeat customer. Went to Carmax, 3 lenders were 15% + , but Wells came in at 8.79%. So I drove off with a payment under $500. In contrast, 5 years ago with tier 1, through Toyota Financial I had a 5.9% on a camry. So can't complain.Pre-BK TU: 690BK discharged: Feb 2012Current: TU: 555
Wow. Congrats. I have the same income, TU: 621, EQ:600, AND EX: 589 with one baddie on my report and can't get an approval from WFDS, even with a large downpayment.
Not to mention I work for them in techcology.
Congrats nonetheless! 
APPROVING BANK: Ford Credit
BUREAU PULLED:Experian
CREDIT SCORE:621-Auto inhanced, EQ599 - pulled by Credit Union
CUSTOMER STATE OF RESIDENCE:GA
NEW/USED:New
YEAR OF VEHICLE: 2013
BUREAU PULLED:Experian
CREDIT SCORE:621-Auto inhanced, EQ599 - pulled by Credit Union
CUSTOMER STATE OF RESIDENCE:GA
NEW/USED:New
YEAR OF VEHICLE: 2013
MAKE: Ford
MODEL: Fusion
MILEAGE: 39
RETAIL/LEASE: 25,465.24
AMOUNT OF LOAN: 19,000.00
MILEAGE: 39
RETAIL/LEASE: 25,465.24
AMOUNT OF LOAN: 19,000.00
TERM CONTRACTED:72 mths
APR/LEASE RATE: 8.99
MONTHLY PAYMENT: 355
MONTHLY PAYMENT: 355
ANNUAL INCOME: 35,000
MISCELLANEOUS COMMENTARY: First of all let me say this is my first time posting to this forum. I've been coming to the site for a few weeks now and have learned a lot of information and is working on rebuilding my credit. My credit union quoted a 12.2% interest rate. I told the dealer i already had my financing in place and my rate was 9.6% (yes I fibbed a little... lol). He asked if he could pull my credit to see if he could get me a better rate. After I ranted for about 30 mins about how I didn't want them to do that and end up with a bunch of inquires on my credit report, they assured me that they would only send it out to 2 banks and if it did not look like they could match or beat my rate, i could go with my financing I had in place. Well to my surprise Ford Credit approved my loan for 8.99% and I got close to the full value for my trade in. THANK GOD FOR THIS FORUM!!!
MISCELLANEOUS COMMENTARY: First of all let me say this is my first time posting to this forum. I've been coming to the site for a few weeks now and have learned a lot of information and is working on rebuilding my credit. My credit union quoted a 12.2% interest rate. I told the dealer i already had my financing in place and my rate was 9.6% (yes I fibbed a little... lol). He asked if he could pull my credit to see if he could get me a better rate. After I ranted for about 30 mins about how I didn't want them to do that and end up with a bunch of inquires on my credit report, they assured me that they would only send it out to 2 banks and if it did not look like they could match or beat my rate, i could go with my financing I had in place. Well to my surprise Ford Credit approved my loan for 8.99% and I got close to the full value for my trade in. THANK GOD FOR THIS FORUM!!!
Starting Score: 580
APPROVING BANK: Hapo Community Credit Union
BUREAU PULLED: Equifax
CREDIT SCORE: 681?
CUSTOMER STATE OF RESIDENCE: Washington State
NEW/USED: Used
YEAR OF VEHICLE: 2012
BUREAU PULLED: Equifax
CREDIT SCORE: 681?
CUSTOMER STATE OF RESIDENCE: Washington State
NEW/USED: Used
YEAR OF VEHICLE: 2012
MAKE: Ford
MODEL: Focus SEL
MILEAGE: 30,000
RETAIL/LEASE: Retail - it has high miles as it was a rental car
AMOUNT OF LOAN:$13,000
TERM CONTRACTED: 72 mos
APR/LEASE RATE: 3%, unless the dealer will beat it.
MONTHLY PAYMENT: Roughly $200 with trade in
MILEAGE: 30,000
RETAIL/LEASE: Retail - it has high miles as it was a rental car
AMOUNT OF LOAN:$13,000
TERM CONTRACTED: 72 mos
APR/LEASE RATE: 3%, unless the dealer will beat it.
MONTHLY PAYMENT: Roughly $200 with trade in
ANNUAL INCOME: 23000
MISCELLANEOUS COMMENTARY: Went car shopping a few weeks back, had financing secured at 7% with my CU, but the dealer did it. Anyway, they dealer, (Legacy Ford of Pasco WA) wouldn't budge on the price. So I negotiated that they bring the rate down. The CU approved it at 3%, payment was still too high for what I wanted so I left it. Went back to CU yesterday, and they apologized for denying me a loan in early August, said that some underwriters are more lenient based of past experiences. She made one call, and it was approved over the phone. No need for another hard pull. The vehicle above is what I am considering, at another dealer, due to a huge amount of unprofessionally from the dealer mentioned above, but may not buy right away.
MISCELLANEOUS COMMENTARY: Went car shopping a few weeks back, had financing secured at 7% with my CU, but the dealer did it. Anyway, they dealer, (Legacy Ford of Pasco WA) wouldn't budge on the price. So I negotiated that they bring the rate down. The CU approved it at 3%, payment was still too high for what I wanted so I left it. Went back to CU yesterday, and they apologized for denying me a loan in early August, said that some underwriters are more lenient based of past experiences. She made one call, and it was approved over the phone. No need for another hard pull. The vehicle above is what I am considering, at another dealer, due to a huge amount of unprofessionally from the dealer mentioned above, but may not buy right away.
APPROVING BANK: WELLS FARGO
BUREAU PULLED: EQUIFAX
CREDIT SCORE: EQUIFAX: 623, EXPERIAN: 636, TRANS: 630
CUSTOMER STATE OF RESIDENCE: GEORGIA
NEW/USED: USED (BARELY)
YEAR OF VEHICLE: 2009
BUREAU PULLED: EQUIFAX
CREDIT SCORE: EQUIFAX: 623, EXPERIAN: 636, TRANS: 630
CUSTOMER STATE OF RESIDENCE: GEORGIA
NEW/USED: USED (BARELY)
YEAR OF VEHICLE: 2009
MAKE: HONDA
MODEL: ACCORD EX 2 DOOR COUPE
MILEAGE: 24,XXX
RETAIL/LEASE: PURCHASE
AMOUNT OF LOAN: $15,500
TERM CONTRACTED: 72 MONTHS
APR/LEASE RATE: 7%
MONTHLY PAYMENT: $275 PER MONTH
MILEAGE: 24,XXX
RETAIL/LEASE: PURCHASE
AMOUNT OF LOAN: $15,500
TERM CONTRACTED: 72 MONTHS
APR/LEASE RATE: 7%
MONTHLY PAYMENT: $275 PER MONTH
ANNUAL INCOME: $38K
MISCELLANEOUS COMMENTARY: WHEN I WAS SHOPPING AROUND FOR A LOAN I FIRST WENT TO USAA AND THEY OFFERED ME A 8.49% APR, WITH MY SHORT CREDIT HISTORY I THOUGHT THAT WAS GOOD ENOUGH. WHEN I GOT TO THE DEALER I WAS TOLD THAT THEY COULD PROBABLY BEAT WHAT USAA WAS OFFERING, SO I THOUGHT IT WON'T HURT TO TRY AND LONG BEHOLD WELLS FARGO DROPPED THE APR BY 1.49%, IM HAPPY WITH WHAT I GOT AND I'LL TRY REFINANCING IN ABOUT A YEAR OR SO. I'D LIKE TO SEE IF I COULD GET IT DOWN TO AROUND 3 - 4% IN A YEAR...WE'LL SEE!!!!!!
MISCELLANEOUS COMMENTARY: WHEN I WAS SHOPPING AROUND FOR A LOAN I FIRST WENT TO USAA AND THEY OFFERED ME A 8.49% APR, WITH MY SHORT CREDIT HISTORY I THOUGHT THAT WAS GOOD ENOUGH. WHEN I GOT TO THE DEALER I WAS TOLD THAT THEY COULD PROBABLY BEAT WHAT USAA WAS OFFERING, SO I THOUGHT IT WON'T HURT TO TRY AND LONG BEHOLD WELLS FARGO DROPPED THE APR BY 1.49%, IM HAPPY WITH WHAT I GOT AND I'LL TRY REFINANCING IN ABOUT A YEAR OR SO. I'D LIKE TO SEE IF I COULD GET IT DOWN TO AROUND 3 - 4% IN A YEAR...WE'LL SEE!!!!!!
APPROVING BANK: Charlotte Metro Credit Union
BUREAU PULLED: Equifax
CREDIT SCORE: 675
CUSTOMER STATE OF RESIDENCE: NC
NEW/USED: Used
YEAR OF VEHICLE: 2011
BUREAU PULLED: Equifax
CREDIT SCORE: 675
CUSTOMER STATE OF RESIDENCE: NC
NEW/USED: Used
YEAR OF VEHICLE: 2011
MAKE: Infiniti
MODEL:G37x
MILEAGE:34,100
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $25,000
TERM CONTRACTED: 72
APR/LEASE RATE: 1.9%
MONTHLY PAYMENT: $363.00
MILEAGE:34,100
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $25,000
TERM CONTRACTED: 72
APR/LEASE RATE: 1.9%
MONTHLY PAYMENT: $363.00
ANNUAL INCOME: $90,000
MISCELLANEOUS COMMENTARY: I have been eyeing this vehicle for over an year. I worked hard to get my score up so I could get the best rate possible. I have a wonderful banker at the CU. She called to tell me about the 1.9% rate special they had for Oct. It took her 10 mins to get me approved. It took me 2 weeks to find the car I wanted. I had to fly KY to pick it up last night. itvwas a 5 hour driver back to my city And today I am a Happy Woman. Nothing like seeing the fruit of all my hard work. I want to thank everyone who contribute to this forumn, for your guidance and support.
MISCELLANEOUS COMMENTARY: I have been eyeing this vehicle for over an year. I worked hard to get my score up so I could get the best rate possible. I have a wonderful banker at the CU. She called to tell me about the 1.9% rate special they had for Oct. It took her 10 mins to get me approved. It took me 2 weeks to find the car I wanted. I had to fly KY to pick it up last night. itvwas a 5 hour driver back to my city And today I am a Happy Woman. Nothing like seeing the fruit of all my hard work. I want to thank everyone who contribute to this forumn, for your guidance and support.
