topic Re: 19k auto loan in Auto Loans

19k auto loan

Anonymous — Sun, 09 Jan 2011 01:21:24 GMT

hello guys i wanted to know would i have trouble getting approved for 19k auto loan with nfcu with 6k down

i have about a 22 year good credit history i have a nfcu card with a 10k limit with a balance at 5200

and thats about it my scores are equ 692 trans 705.

and do you think they will ask for proof of income? and if it matters i have about 9k in a savings account with them

Re: 19k auto loan

Anonymous — Sun, 09 Jan 2011 01:52:41 GMT

@Anonymous wrote:
hello guys i wanted to know would i have trouble getting approved for 19k auto loan with nfcu with 6k down
i have about a 22 year good credit history i have a nfcu card with a 10k limit with a balance at 5200
and thats about it my scores are equ 692 trans 705.
and do you think they will ask for proof of income? and if it matters i have about 9k in a savings account with them

I have no experience with NFCU. With that being said I see nothing wrong with your history, scores, and balance owed on CC. I would think you have a very good chance to be approved.

Re: 19k auto loan

Anonymous — Sun, 09 Jan 2011 07:47:35 GMT

what about proof of income

Re: 19k auto loan

Anonymous — Sun, 09 Jan 2011 08:24:51 GMT

Do you have a job?

Assuming you have a decent credit history/record with them, and ONE YEAR on the job you are claiming, and the numbers make sense (aas in you are not claiming restaurant server making $130,000 a year)- i do not see a problem

The only other real issue would be that your stated income does not equal enough to pay your existing obligations and a new car loan.

Also i think NFCU needs to see a $1800+ gross a month for a car loan.