Frequent Contributor
CreditJim
Posts: 342
Registered: ‎09-17-2012
Re: Auto Loan Approvals!
APPROVING BANK: Volkswagen Credit
BUREAU PULLED: TransUnion
CREDIT SCORE: 664
CUSTOMER STATE OF RESIDENCE: TX
NEW/USED: Used
YEAR OF VEHICLE: 2011
MAKE: Volkswagen
MODEL: Golf
MILEAGE: 21,000
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $16500
TERM CONTRACTED: 48 mos
APR/LEASE RATE: 4.72%
MONTHLY PAYMENT: $372
ANNUAL INCOME: $62k

MISCELLANEOUS COMMENTARY: Zero down. I was pre-approved by my credit union at 7.9% for 48 mos or 6.9% for 36 mos and Cap One at 12.9% so I was very pleased the dealer could offer me 4.72% with less than perfect credit. I declined GAP insurance as I'm selling the car it's replacing for between $6-7k and will apply that towards the loan.

Arrival+ WEMC $17.2k | Executive AA WEMC $15k | Quicksilver WMC 15k | SWACU Visa $15k | Amex Biz Platinum | Amex PRG | Amex SPG $10.5k | Amex SPG Biz $5k | Spark Visa $8k | Freedom $11.5k | Discover it $5k | VentureOne WMC $5k | Lowe's Store $17k | Walmart Store $3300 | Amazon Store $2500 | J Crew $4100