topic Re: Nissan/Infiniti Financial in Auto Loans

Nissan/Infiniti Financial

Anonymous — Sat, 03 Oct 2015 03:29:57 GMT

Good evening,

It it is my understanding that they pull credit from EQ. Does anyone know which version they pull? Is it FICO 8 or an Auto-Enhanced Version? If it is Auto-Enhanced, is it Auto 5 or Auto 8?

Thank you in advance.

Re: Nissan/Infiniti Financial

Anonymous — Sat, 03 Oct 2015 04:47:19 GMT

Tho I knew they use EQ FICO going in two weeks ago, I didn't ask specifically which version they pulled but the score they told me? matched my EQ FICO 8 and not the auto enhanced score.

Re: Nissan/Infiniti Financial

Anonymous — Sat, 03 Oct 2015 04:53:07 GMT

Thank you.

Was your score good enough to get the deal you had hoped for?

Re: Nissan/Infiniti Financial

Anonymous — Sat, 03 Oct 2015 05:06:14 GMT

No! I walk out with much better deal, I end up with 0% interest rate with 689 EQ ... I ask to have few minutes with their financing person first, we went over my credit profile and answering my concerns before I sit down talking about numbers with sales person, mainly, least amount of inquires as possible (just one) and if they are willing to bump me up a tier or two to get the best rate.

Re: Nissan/Infiniti Financial

Anonymous — Sat, 03 Oct 2015 05:11:28 GMT

My EQ Fico 08 is 668, do you think I will qualify for the current lease offer through the captive lender?

Re: Nissan/Infiniti Financial

Anonymous — Sat, 03 Oct 2015 05:27:06 GMT

I am no where near to have enough knowledge to even afford you a guess, all I can say is "try", it' also going to depends on which model you are looking for, I was looking at Rouge which isn't newly redesigned this year like Murano and Maxima, so maybe they are more likely to bump you up on the different models.

Re: Nissan/Infiniti Financial

Creditaddict — Sun, 04 Oct 2015 00:49:38 GMT

No, They pull EX

Re: Nissan/Infiniti Financial

Jamisonke — Sun, 04 Oct 2015 01:54:47 GMT

We just bought two Infiniti cars. They pulled EX. To get the best financing terms, they also pulled EQ (which was good because our EQ scores were better). Typically they only pull EX unless you are boarder line between tiers.

Re: Nissan/Infiniti Financial

Jamisonke — Sun, 04 Oct 2015 01:55:33 GMT

Also, expect two pulls on each bureau report (one from the dealer and one from NMAC/IFS).

Re: Nissan/Infiniti Financial

Jamisonke — Sun, 04 Oct 2015 01:57:01 GMT

One more thing - they pull auto enhanced scores.

Re: Nissan/Infiniti Financial

CH-7-Mission-Accomplished — Sun, 04 Oct 2015 03:58:16 GMT

@Creditaddict wrote:
No, They pull EX

I just looked at Creditpulls because I'm thinking of helping my ex get a used Nissan Leaf. You can buy a two year old one for like 10K now with less than 20K miles. They offer 0% for 60 months. This is on a certified preowned.

Anyway, Credit Pulls shows them pulling all three bureaus, sometimes using auto enhanced and sometimes not. I don't mean pulling all three for one loan app, I mean they randomly pull from the three CRA's.

Re: Nissan/Infiniti Financial

Creditaddict — Sun, 04 Oct 2015 04:08:01 GMT

The dealership may pull all 3 which makes them an arse because Nissan and Infiniti use to use tu only and now they use ex only!

Re: Nissan/Infiniti Financial

CH-7-Mission-Accomplished — Sun, 04 Oct 2015 04:19:11 GMT

@Creditaddict wrote:
The dealership may pull all 3 which makes them an arse because Nissan and Infiniti use to use tu only and now they use ex only!

I intend to go in there with all three frozen, copies of that day's full reports from myFIcO and CCT and tell them to submit those. They can pull one report one time. The dealer does not need to do a prescreen pull if he has two fresh pulls showing auto scores, etc. At least I hope I can get away with this. Makes sense to me.

Re: Nissan/Infiniti Financial

Creditaddict — Sun, 04 Oct 2015 04:20:24 GMT

Haha, best of luck with that one!

Re: Nissan/Infiniti Financial

Anonymous — Sun, 04 Oct 2015 04:21:41 GMT

I would only let them pull whoever the captive finance company uses. I know Nissan/Infiniti used to use EQ. Has anyone used the VPP Program?

Re: Nissan/Infiniti Financial

CH-7-Mission-Accomplished — Sun, 04 Oct 2015 04:22:49 GMT

@Anonymous wrote:
I would only let them pull whoever the captive finance company uses. I know Nissan/Infiniti used to use EQ. Has anyone used the VPP Program?

Sorry, but what is the VPP program, please?

Re: Nissan/Infiniti Financial

Anonymous — Sun, 04 Oct 2015 04:25:03 GMT

Vehicle Purchase Program, its a discount Program offered through my employer

Re: Nissan/Infiniti Financial

sccredit — Mon, 05 Oct 2015 13:17:31 GMT

@Creditaddict wrote:
The dealership may pull all 3 which makes them an arse because Nissan and Infiniti use to use tu only and now they use ex only!

They pulled TU last year when I bought DW's car, that's the latest data point I have.

I had a 731 when I bought a car through them so the promo financing wasn't a question. I have heard anedeoctal evidence that they'll bump someone in the 660's but I don't know that for sure.

Re: Nissan/Infiniti Financial

Nmgh1968 — Thu, 16 Feb 2017 06:48:36 GMT

I live in PA and bought a q50 a few days ago. They pulled TransUnion and took auto enhanced 8 scores on me