Established Member
infoseek2012
Posts: 20
Registered: ‎09-15-2012
Re: Auto loan advice **bleep**

Wife and I are looking **bleep** in 2004.

 

On wife, her score is 683 (Equifax also).  No baddies because mortgage only reports on me.  She has the auto loan history identical to mine (loans are joint).  What is hurting on hers is high balances on 3 credit cards.  However no lates.  Infrequently used, just trudging through to pay off old balances!  As **bleep**

 

AAoA is around 5 years.  Oldest credit account on record is over 15 yrs ago.

 

I am employed **bleep**.

 

Two questions:

 

1.  What might we expect on an auto loan with this credit scenario?  I really don't know what (if any) cash we would put down.  Definitely looking **bleep**

 

2.  What would a lender require in order to document self employment income?  I've seen some posts where buyers never had to show documentation, but we'd like to be prepared.