Established Member
JKeeler1121
Posts: 36
Registered: ‎10-10-2012
Re: Denied??????

Guy the honest truth you could proably lease your self a new civic with a 670 FICO honest truth 


biffhamilton wrote:

That's a nice ride. I won't rule out a Benz once I have all my debt gone.

 

My plan is to purchase an 5-8K car (Honda civic like) I'm guessing $ 300 per month range for 2 years...and pay it off early....as well as my two cards

 

By that time I should be able to get something nice


 

 

 

New Member
biffhamilton
Posts: 12
Registered: ‎10-10-2012
Re: Denied??????

Too many miles.......

 

I'm in sales

 

I wonder if I should apply for a auto loan with Capital One?  Does it hurt or help that I already have a credit card with them?

Established Member
JKeeler1121
Posts: 36
Registered: ‎10-10-2012
Re: Denied??????

I would try the capital one because they will give you an instant decsion and their terms aren't that bad. do you have any credit with capital one now?? If so and good history  i would apply now and get the blank check in a few days


biffhamilton wrote:

Too many miles.......

 

I'm in sales

 

I wonder if I should apply for a auto loan with Capital One?  Does it hurt or help that I already have a credit card with them?


 

New Member
biffhamilton
Posts: 12
Registered: ‎10-10-2012
Re: Denied??????

I have a maxed out Capital One card right now.....$ 1,500

Established Member
JKeeler1121
Posts: 36
Registered: ‎10-10-2012
Re: Denied??????

good history that dosent matter just apply !!! keep me posted 


biffhamilton wrote:

I have a maxed out Capital One card right now.....$ 1,500


 

Senior Contributor
Walt_K
Posts: 3,065
Registered: ‎11-02-2009
Re: Denied??????

biffhamilton wrote:

The guy on the phone said my score was a C rate. (fair)

 

The thing that sucks the most is I can even get by with a $ 5,000 dollar car and payoff everything with in a years time based on the extra 20g's I'll be making per year.

 

I just need a car right away....and don't have any free cash lying around.

 

I also don't want to go all over town applying for loans messing up the decent credit that I have.

 

I thought Credit Unions gave me my best chance......and if that's the case I'm screwed

 

Thanks for the help BTW


All auto inquiries will be scored as one inquiry if made within a certain timeframe.  I always forget the exact days.  I think it is 45 days for the newer scoring models.  In any event, since you just applied at the CU, additional inquiries right now are not going to further damage your score.  They will appear on your report, but if they are coded correctly, FICO will only score one inquiry.


Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
Goal Score: 720


Take the FICO Fitness Challenge
New Member
biffhamilton
Posts: 12
Registered: ‎10-10-2012
Re: Denied??????

I thought I read that somewhere....THANKS

 

I may go porsche shopping then....just for the hell of it.:smileyvery-happy:

New Member
biffhamilton
Posts: 12
Registered: ‎10-10-2012
Re: Denied??????

Ya.....for me!

 

Capital One approved me 7% 10k

 

Thanks for eveyone's help

Senior Contributor
Walt_K
Posts: 3,065
Registered: ‎11-02-2009
Re: Denied??????

Congrats.  Hope the new job goes well.


Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
Goal Score: 720


Take the FICO Fitness Challenge
Valued Contributor
Epcot
Posts: 2,789
Registered: ‎10-10-2012
Re: Denied??????

Congrats on the approval. Always remember you can re-finance down the road and lower your rate even more!


Starting Score: EQ 717 EX 724 TU 736
Current Score: EQ 816 EX 780 TU 823
App free since 4/11/13