Contributor
ezef3ar
Posts: 105
Registered: ‎09-15-2012
AUTO LOAN CAPITAL ONE
Hey guys I wanna get a brand new car between 15 to 20 thousand$. So here's it is my credit is good. But short it's what others consider a thin **bleep**
Moderator Emeritus
llecs
Posts: 32,881
Registered: ‎08-04-2007
Re: AUTO LOAN CAPITAL ONE

Hi OP, there was a glitch last night and part of your post was bleeped out. It wasn't anything you did.

 

I take it you were asking about a thin file? I'd try your local small bank or CU. They tend to look beyond the score and are more favorable towards a limited CR.

Contributor
ezef3ar
Posts: 105
Registered: ‎09-15-2012
Re: AUTO LOAN CAPITAL ONE
Yea it is a thin file. Only 6 months history 5 store cards 2 credit cards master cards the highest limit is 2000 lowest 400 scores 690 equifax 703 transunion and I don't know experian
Established Contributor
guydiver
Posts: 540
Registered: ‎08-30-2007
Re: AUTO LOAN CAPITAL ONE

Job history?  Income?

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Starting Score: 1/05 upper 500's??Current Score: FICO: EQ 730ish, TU ??, EX 740(CS) Goal Score: .....800 IS ON MY BUCKET LIST! EX ,BITE ME! .:smileyvery-happy:
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Contributor
ezef3ar
Posts: 105
Registered: ‎09-15-2012
Re: AUTO LOAN CAPITAL ONE
Job currently 2 years. And. Around 35500 a year :smileyhappy:
Established Contributor
guydiver
Posts: 540
Registered: ‎08-30-2007
Re: AUTO LOAN CAPITAL ONE

ezef3ar wrote:
Job currently 2 years. And. Around 35500 a year :smileyhappy:

Well, doesn't look too bad.  Unless you have something on your reports that scares them away I'd say you have a very decent chance of getting financing.  Your thin file is definitely a negative, but a good down payment can go a long way to helping there.  Cap1 blank check maybe?   If you get that, take it to the dealer and see if they can beat it. 

MyFICO Forums ROCK!! & . Been There, Done That. Never Going Back! Goal>>>> 800,800,800!

Starting Score: 1/05 upper 500's??Current Score: FICO: EQ 730ish, TU ??, EX 740(CS) Goal Score: .....800 IS ON MY BUCKET LIST! EX ,BITE ME! .:smileyvery-happy:
In My Wallet: CU Visa 15K, Sam's Club 10K, Lowe's 10K, Cabela's Siggy Visa 11.5K, Travelocity AMEX 18.4K
:
Take the FICO Fitness Challenge





Established Member
eduardofabian1
Posts: 13
Registered: ‎02-28-2010
Re: AUTO LOAN CAPITAL ONE

I've had a couple of Capital One loans in the past, they usually work with you, as long as you don't have too many red flags in your credit report. If your thin file still gets you a loan, but not at the rate you expect, wait like a year and refi. Maybe you will get a lower interest by then.

Epic Contributor
Creditaddict
Posts: 20,079
Registered: ‎10-23-2007
Re: AUTO LOAN CAPITAL ONE

Did you apply for Cap1? or anyone yet?

What car are you looking to buy?

Fico Scores: EQ 673 DCU, TU 678 Wally, EX 669 Chase(08-31-14)
You will have to put up Electric Fence to keep me in the garden!
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Express $300
Over 45 Cards in between :smileytongue: