https://ficoforums.myfico.com/t5/Auto-Loans/Need-Some-Advice/m-p/1078108#M17085 <P>Hello,</P><P>&nbsp;</P><P>I am searching for a new vehicle. I am and have been in the mortgage industry and we all know it has been up and down for 5 years, mostly down. I was strictly commission. Now for 2 years I have been employed with a major bank (salary) and I have been slowly paying down old debt. I have a couple credit card collections paid off or balances under $500. The worst is that I had a joint auto loan that was charged off in 2007 that still has a balance. It doesn't,t report a repossession although I know it's the same. My Eq score is 596. I know, awful... Having said that, I was wondering if I would have an issue getting a loan and a decent interest rate with a 596 and I have a co-signer with a 715 score and I have a auto charge off on my credit report? There would not be any DTI issues. Loan amount approximately $25,000. I do have 1 credit card tradeline with 12 months payment history reporting.</P><P>&nbsp;</P><P>Please advise.</P><P>&nbsp;</P><P>Thank you!</P> Thu, 10 Nov 2011 02:55:52 GMT freshstartguy 2011-11-10T02:55:52Z https://ficoforums.myfico.com/t5/Auto-Loans/Need-Some-Advice/m-p/1078108#M17085 <P>Hello,</P><P>&nbsp;</P><P>I am searching for a new vehicle. I am and have been in the mortgage industry and we all know it has been up and down for 5 years, mostly down. I was strictly commission. Now for 2 years I have been employed with a major bank (salary) and I have been slowly paying down old debt. I have a couple credit card collections paid off or balances under $500. The worst is that I had a joint auto loan that was charged off in 2007 that still has a balance. It doesn't,t report a repossession although I know it's the same. My Eq score is 596. I know, awful... Having said that, I was wondering if I would have an issue getting a loan and a decent interest rate with a 596 and I have a co-signer with a 715 score and I have a auto charge off on my credit report? There would not be any DTI issues. Loan amount approximately $25,000. I do have 1 credit card tradeline with 12 months payment history reporting.</P><P>&nbsp;</P><P>Please advise.</P><P>&nbsp;</P><P>Thank you!</P> Thu, 10 Nov 2011 02:55:52 GMT https://ficoforums.myfico.com/t5/Auto-Loans/Need-Some-Advice/m-p/1078108#M17085 freshstartguy 2011-11-10T02:55:52Z https://ficoforums.myfico.com/t5/Auto-Loans/Need-Some-Advice/m-p/1078318#M17086 <P>Most lenders will not have a problem approving you with a co-signer, however I can't guarentee it would be at the best rates. An actual approval shouldn't be hard though.</P> Thu, 10 Nov 2011 13:27:53 GMT https://ficoforums.myfico.com/t5/Auto-Loans/Need-Some-Advice/m-p/1078318#M17086 Anonymous 2011-11-10T13:27:53Z