Valued Member
Posts: 46
Registered: ‎04-23-2011
Re: Considering Car Purchase

I got a impatient & applied for the auto loan with 3 lenders, I was approved & offered the following terms for $8000. They all pulled Experian since they all mentioned the collection account.


Bank of America 4.42% @ 48 months: contingent on me paying/ settling the collection or they would not do business with me.


WellsFargo 9.5% @ 48 months or 9.7% @ 60 months.


Arizona Federal Credit union 4.42% @ 48 months. I'm shocked & happy I'm getting a decent rate, at least I think its decent.


Now I have what I need to negotiate with the dealer, hopefully we can close this $1600 gap so I can get a new car.

Entered Garden 6/3/2014, Staying until Jun 2016. Score 797 via Discover
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