Best APR for a 646 EQ FICO

CS800 — Sun, 21 Aug 2011 02:45:35 GMT

So far DCU told me that they could offer me a 6.5% based on my EQ FICO. Loan amount $10000

What kind of APR PSECU offers? I assume they use EX and my EX FICO is in my siggy.

Any other banks out there, I should look into?

Re: Best APR for a 646 EQ FICO

Anonymous — Sun, 21 Aug 2011 14:19:32 GMT

Although it is good to gain anectdotal advice from other persons experiences, CREDIT SCORE ALONE DOES NOT DETERMINE A DEAL, RATES OR APPROVAL.

Other factors:

debt to income ratio
gross monthly income, in most cases if you do not make $1,800 a month not counting overtime you are not getting approved.
past experience with that specific lender (good track record may get you approved)
time on job
length of unbroken employment
Loan to value of new car
type of employment (FT/PT/Self)
equity carried into deal (either positinve in the form of downpayment or negative equity from a trade in)
Term of loan
new or used vehicle

And last but not least: The WHIMS of the bank, They could suddenly decide that people with a certain score in a certain area are no longer viable, or suddenly decide to lower standards. Or to lower standards for the rest of the month, or to lower standards only on people buying trucks, or people financing between $7,000-$10,000.

topic Re: Best APR for a 646 EQ FICO in Auto Loans

Best APR for a 646 EQ FICO

Re: Best APR for a 646 EQ FICO