Valued Contributor
Jutz
Posts: 1,216
Registered: ‎05-10-2012
Re: Auto Loan Approvals!

I can't believe I can finally do this!!

 

APPROVING BANK: DCU
BUREAU PULLED: EQ
CREDIT SCORE: 660
CUSTOMER STATE OF RESIDENCE: RI
NEW/USED: USED
YEAR OF VEHICLE:2006
MAKE: AUDI
MODEL: S4
MILEAGE: 72000
RETAIL/LEASE: RETAIL
AMOUNT OF LOAN: 15-17k
TERM CONTRACTED: 65 months
APR/LEASE RATE: 5.49%
MONTHLY PAYMENT: $280-$300
ANNUAL INCOME: 70k
MISCELLANEOUS COMMENTARY: Approved at 100% of book value, which is about 21k, but will finance about 16k after trade.  Still not done by a longshot, still need to negotiate the actual car, but I don't believe we're that far off.  In addition, this gives me the confidence in knowing I can finance another one if I need to walk from this. Really, really excited about it.
  • Current: EQ FICO 694, TU FICO 695, EX FICO 698 | Starting Score: 525 (05/2012)
  • Starting total revolving credit: $1100 | Current total revolving credit: $29,500
  • Inquiries (12 Months): EQ 6 TU 3 EX 6 | Most Recent: 1/21/2014
Chase Freedom $5000
DCU Visa $10000
Capital One QS $2000
AMEX BCE $1000
Lowe's CC $8500
WalMart CC $2400
BOA Platinum $600
AMEX Gold NPSL