New Visitor
Posts: 1
Registered: ‎11-20-2008
Re: Auto Loan Approvals!
APPROVING BANK: Chase
BUREAU PULLED: Equifax
CREDIT SCORE: 540, Co-signer- 690
CUSTOMER STATE OF RESIDENCE: NY
NEW/USED:NEW
YEAR OF VEHICLE:2009
MAKE: Mazda
MODEL:6 S Grand Touring
MILEAGE: 55
RETAIL/LEASE: Retail/Financed
AMOUNT OF LOAN: 28769
TERM CONTRACTED:72
APR/LEASE RATE:14.99 (Ouch, will refinance once the credit situation is improved)
MONTHLY PAYMENT: $640
MISCELLANEOUS COMMENTARY: Was out on Workers Compensation last year and could not keep up with any of many of my payments (only two that stayed up to date were student loans).  Knew I would need a co-signer and would be at the mercy of the financial institutions.  Was originally set on not having a payment greater than $550, but that was shot out the window.  I will deal with the high payments for a year and then try to refinance.  In the mean time, I will be paying almost $800 a month to make sure I'm not upside down when it comes time to refi.