topic Re: Anyone think I can qualify for an auto loan? in Auto Loans

Anyone think I can qualify for an auto loan?

Anonymous — Thu, 27 Nov 2014 04:31:43 GMT

Credit Score: 606 Equifax

AAoA: 2.58 years

# of positive trade lines: 14

# of negative trade lines: 2

Income: 2844/ monthly

Lenght of Employment: 3.25 Years

Previous Loan Experience: ZERO

Debt-to-Income (DTI):

Year of Car: 2014

Miles: 30000

Purchase/Refinance: Purchase

Requested loan term (XX Months): 72

Down payment amount: 2000

Co-borrower/Co-Signer: None

Other:

Re: Anyone think I can qualify for an auto loan?

Anonymous — Thu, 27 Nov 2014 08:51:51 GMT

Try ut creditvunions.....nfcu refinanced my car with 604 and more baddies.... so yes u can get an auto loan...

Re: Anyone think I can qualify for an auto loan?

Anonymous — Thu, 27 Nov 2014 15:23:15 GMT

Yes, you will be able to get a loan. Your interest rate will be high. Try to first sort out the negative's on the CR while saving up a high down payment. Get your score past 650, with a good down payment you will be set.

Re: Anyone think I can qualify for an auto loan?

Anonymous — Thu, 27 Nov 2014 15:45:06 GMT

Everything negative on each of my credit bureaus will be removed as of 3/31/15 because they'll be aged out. Last week I had a judgement and a repo disputed off w/ the CB's, and intent to sue letters to the creditor's attorneys.

I got prequalified for a loan with Blue Harbor last night 11/26. I'm thinking I should purchase the used car I want while it is on the market, then refinance 6/15...

Re: Anyone think I can qualify for an auto loan?

sports1965 — Thu, 27 Nov 2014 19:55:30 GMT

Rushing to buy "just because it's available " is foolish.

Re: Anyone think I can qualify for an auto loan?

Anonymous — Fri, 28 Nov 2014 23:27:42 GMT

Great advise. Thank you. I was just approved with RBFCU for 20495$, 15% down at 4.99% APR for 60 Months. :-)

Re: Anyone think I can qualify for an auto loan?

Anonymous — Sun, 30 Nov 2014 02:41:15 GMT

@Anonymous wrote:
Great advise. Thank you. I was just approved with RBFCU for 20495$, 15% down at 4.99% APR for 60 Months. :-)

Congrats

Re: Anyone think I can qualify for an auto loan?

marty56 — Tue, 02 Dec 2014 00:21:05 GMT

@Anonymous wrote:
Great advise. Thank you. I was just approved with RBFCU for 20495$, 15% down at 4.99% APR for 60 Months. :-)

RBFCU rules. My mortgage and car loan was with them.