https://ficoforums.myfico.com/t5/Auto-Loans/Confused-Pre-Approval/m-p/672042#M10482 <P>I have a FICO score of 640 ~, unsecured debt of 35K on credit cards and make around 75K , way above median in my city. However, I have been turned down by credit unions and banks for a car loan. Almost all of them have rejected my application for credit. But i get a pre approval from GMAC, Toyota financing, and other car companies . Just confused at&nbsp;how they look at customers ...</P><P>&nbsp;</P> Fri, 07 May 2010 15:03:14 GMT paul 2010-05-07T15:03:14Z https://ficoforums.myfico.com/t5/Auto-Loans/Confused-Pre-Approval/m-p/672042#M10482 <P>I have a FICO score of 640 ~, unsecured debt of 35K on credit cards and make around 75K , way above median in my city. However, I have been turned down by credit unions and banks for a car loan. Almost all of them have rejected my application for credit. But i get a pre approval from GMAC, Toyota financing, and other car companies . Just confused at&nbsp;how they look at customers ...</P><P>&nbsp;</P> Fri, 07 May 2010 15:03:14 GMT https://ficoforums.myfico.com/t5/Auto-Loans/Confused-Pre-Approval/m-p/672042#M10482 paul 2010-05-07T15:03:14Z