Valued Contributor
Schoolbuskid
Posts: 1,926
Registered: ‎10-23-2007
Re: Auto Loan Approvals!

I thought toyota was more strict on than that,,,its good to see someone with low scores approve like that and with a pretty decent rate!

New Visitor
Pizzamoe
Posts: 1
Registered: ‎01-13-2009
Re: Auto Loan Approvals!
APPROVING : CHASE BANK
BUREAU PULLED:??
CREDIT SCORE:TU-523 EQ-513 EX-512
CUSTOMER STATE OF RESIDENCE:NY
NEW/USED:NEW
YEAR OF VEHICLE:2009
MAKE:smileyfrustrated:UBARU
MODEL: FORESTER 2.5XT
MILEAGE:0
RETAIL/LEASE:smileytongue:URCHASE
AMOUNT OF LOAN:22,000
TERM CONTRACTED: 72 MONTHS
APR/LEASE RATE:8.9
MONTHLY PAYMENT:$398
MISCELLANEOUS COMMENTARY - HAD TO SHOW PROOF I MADE $42,000 AND MY MORTGAGE WAS CURRENT, CAN'T BELIEVE I GOT A LOAN WITH MY LOW FICOS -I HAVE NEVER BEEN LATE ON A CAR PAYMENT IN 10 YEARS.
New Contributor
kbella
Posts: 63
Registered: ‎11-17-2008
Re: Auto Loan Approvals!
Congrats pizzamoe!  And may I say that it's good to see since we'll be auto shopping in a couple months and our scores could definitely be better!
TU-579 EX-551 EQ-562 as of 1/14/09 (ouch)
Member
nateohio
Posts: 6
Registered: ‎02-12-2008
Re: Auto Loan Approvals!
APPROVING :USAA
BUREAU PULLED: Equifax
CREDIT SCORE: EQ 674, EX 663, TU 684
CUSTOMER STATE OF RESIDENCE: OH
NEW/USED:USED
YEAR OF VEHICLE:2008
MAKE:Ford
MODEL: Explorer Eddie Bauer
MILEAGE:17000
RETAIL/LEASE PURCHASE
AMOUNT OF LOAN:21,000 (Was approved for up to 25,500)
TERM CONTRACTED: 72 MONTHS
APR/LEASE RATE:6.5

MONTHLY PAYMENT:$359

MISCELLANEOUS COMMENTARY -They sent me the blank check in the mail and all I had to do was literally fill it out and give it to the dealership. I was a little apprehensive about applying through them, but once I was approved for the loan at their best interest rate I also applied for their platinum mastercard and was approved for a 5,000 CL

Established Member
strawbrygrl13
Posts: 13
Registered: ‎10-08-2008
Re: Auto Loan Approvals!
APPROVING BANK: Chase
BUREAU PULLED: Experian
CREDIT SCORE: 691 (Auto FICO)
CUSTOMER STATE OF RESIDENCE: CA
NEW/USED: Used
YEAR OF VEHICLE: 2007
MAKE: Mazda
MODEL: 3
MILEAGE: 35,000
RETAIL/LEASE: Purchase
AMOUNT OF LOAN: $14,619/$2k down payment
TERM CONTRACTED: 60 months
APR/LEASE RATE: 7%
MONTHLY PAYMENT: $292
MISCELLANEOUS COMMENTARY: My Auto FICO is lower as this is my first time financing. APR not as good as I'd hoped for in this economy!!!

Starting Score: 564 (08/2013)
Current Score: 06/04/14 635
Goal Score: 750


US Bank Secured Visa $300/ USAA Secured Amex $500/ First Premier Master Card $700/ Credit One Visa $300/ Merrick Visa $800/Amazon Store Card $800

Take the myFICO Fitness Challenge

Starting to rebuild all over again...round two. 2012 was a rough year
Established Member
templarklimek
Posts: 20
Registered: ‎04-20-2008
Re: Auto Loan Approvals!

 USAA $72500.00

 fico 691

 many paid off car loans.

 7.3%

 

 

Contributor
Paxx
Posts: 84
Registered: ‎10-31-2008
Re: Auto Loan Approvals!
APPROVING BANK: Wachovia
BUREAU PULLED: Equifax
CREDIT SCORE:  715
CUSTOMER STATE OF RESIDENCE: Texas
NEW/USED: Used
YEAR OF VEHICLE: 2004
MAKE: Chevy
MODEL: Silverado
MILEAGE: 68,900
RETAIL/LEASE: Retail
AMOUNT OF LOAN: Approx $9,000
TERM CONTRACTED: 60 months
APR/LEASE RATE: 13.9%
MONTHLY PAYMENT: 202.51
MISCELLANEOUS COMMENTARY: Horrible percentage rate but I am still in the rebuilding state and I have an old rep form about 5 years go which I am sure hurt my auto Fico score.
Established Member
texasbill
Posts: 14
Registered: ‎12-03-2008
Re: Auto Loan Approvals!
APPROVING BANK: Carmax Financial
BUREAU PULLED: EX maybe others
CREDIT SCORE: 635
CUSTOMER STATE OF RESIDENCE: TX
NEW/USED: Used
YEAR OF VEHICLE: 2008
MAKE: Hyundai
MODEL: Sonata
MILEAGE: 10K
RETAIL/LEASE: Retail
AMOUNT OF LOAN: 15K
TERM CONTRACTED: 60
APR/LEASE RATE: 8%
MONTHLY PAYMENT: 300
MISCELLANEOUS COMMENTARY: Down payment of 20% may have helped. CU & Cap 1 app done before shopping was declined.
New Member
ghost057
Posts: 3
Registered: ‎08-20-2008
Re: Auto Loan Approvals!

i got my 08 Toyota FJ cruiser...

First Roadloans approved me, and after all the things i been through with them on my last loan,, i wasnt putting myself through that drama again.

I got approved from ford credit with a 15% interest rate.  I thought i was going to have to just deal with it because of my past so i signed the papers.  The next day, my credit union calls me out of the blue, and approves me for the loan with a 6.5% interest rate.  Luckily the dealership never turned my paperwork in and i was able to go to my credit union and pick up my check....

 

My credit scores are 665EXP, 655TU, and 590 from the evil equifax...  the credit union that financed me was andrews federal credit union in Suitland Md, Andrews AFB.  They financed me for 24K

New Member
RavRider
Posts: 3
Registered: ‎01-28-2009
Re: Auto Loan Approvals!
[ Edited ]
APPROVING BANK:  Toyota Financial Services
BUREAU PULLED: All 3: EQ 724; EX 718;TU 719
CREDIT SCORE: as above
CUSTOMER STATE OF RESIDENCE: CA
NEW/USED: NEW
YEAR OF VEHICLE: 2008
MAKE: Toyota
MODEL:  RAV4
MILEAGE: 250
RETAIL/LEASE: 25694
AMOUNT OF LOAN: 24K
TERM CONTRACTED: 60
APR/LEASE RATE: 2.9%
MONTHLY PAYMENT: $440
MISCELLANEOUS COMMENTARY: I worked my ass off to get to this...appparently I'm not a complete loser. Don't sell yourselves short. Why buy used when you can work a good deal new for the same payment. If I did it, so can you. Educate yourself, shop a long time and be open to positive change. I started wanting a Chevy Colorado and ended up Toyota RAV4. The resources are online. Start now. 
 
PS I paid 26% on my last auto loan. I was desperate and hadn't educated myself, and they knew it/saw me coming. I paid it off before it died a horrible death, then purchased new 1.5 years later this past December. Your EFFORT and your RESEARCH go a long **bleep** way, even if your scores are not where you want them to be. Invest in yourself!
Message Edited by RavRider on 01-28-2009 09:25 PM
Message Edited by RavRider on 01-28-2009 09:29 PM
Message Edited by RavRider on 01-28-2009 10:25 PM