Re: Denied Denied Denied[ Edited ]
12-28-2012 08:25 AM - edited 12-28-2012 08:26 AM
My guess is that they are slow pays, rolling 30 day lates every month. That is what happened to me, I made my payment monthly but always behind 30 days. This went on for like 2 years.
My last late was in May 2011 and I bought a new car that summer. Interest rate was like 16 percent.
I had a crap load of inquires too.
Then later that fall I bought a second car, score was better and got a good rate. Had about 70k total in auto loans with the second car. But the bank required my Wife be on the loan too because they wouldn't give me 2 auto loans.