Valued Contributor
clocktick
Posts: 1,603
Registered: ‎12-07-2008
Re: Auto Loan Approvals!
[ Edited ]

 

APPROVING BANK: Hudson Valley Federal Credit Union (HVFCU)
BUREAU PULLED: Experian
CREDIT SCORE:  672 (Coincidentally, the highest of all three...by a lot)
CUSTOMER STATE OF RESIDENCE: NY
NEW/USED: New
YEAR OF VEHICLE: 2008
MAKE: Saab
MODEL: 9-3
MILEAGE: ---
RETAIL/LEASE: Retail
AMOUNT OF LOAN: ~$9970
TERM CONTRACTED: 60 months
APR/LEASE RATE: 7.8%
MONTHLY PAYMENT: $200.42
MISCELLANEOUS COMMENTARY:  [This happened 11/08]  This was with a trade-in, incentives and a hefty down payment.  This CU originally denied me until the dealer called them, unbeknownst to me, and convinced them that it's a win-win situation for them even if I were to default (small loan amount on a new car and will never be upside down).  I already paid off $2500 and plan on it being completely paid in less than a year.  My history shows 3 car loans all paid off with no lates and one current car loan, no lates.   Edited to add:  Paid off 8/13/09!

Message Edited by clocktick on 02-10-2009 09:56 AM
Message Edited by clocktick on 08-14-2009 05:22 AM
11/30/08 TU 648 EX 672 EQ 656 SEPT 2014 TU 787 EX 789 EQ ???
Amex BCP $24.1K/Clear $8.5- Sallie Mae $27.5 -Cap One QS $7.5 - Chase Freedom $7.5/United $5k/CSP $20k/Ink- Citi DP $9.5/Dividend $13k/HHHx2 $15k/16.4/Reserve $4.5k Best Buy $1940 HD $1701- Discover IT $15k - Elan $8k GEMB Lowes $20k - Macy's $2k - Kohl's $800




Starting Score: 648
Current Score: 736
Goal Score: 765


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