Established Member
amazingluv43
Posts: 11
Registered: ‎09-21-2012
Re: Auto Loan Approvals!
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
MAKE: Ford
MODEL: Fusion
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
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!!!



Starting Score: 580
Current Score: EQ 669 Lender pulled
Goal Score: 700