topic Re: Mercedes Benz Financial Services Approval in Auto Loans

Mercedes Benz Financial Services Approval

Anonymous — Tue, 13 Mar 2018 16:05:00 GMT

I applied to Mercedes Benz Financial Services last night and immediately had an alert that my TransUnion was hard pulled. I woke up this morning to an email stating. "Congratulations! Your request for a purchase on a Mercedes-Benz GLA250W has been preapproved by Mercedes-Benz Financial Services Your pre-approval has been forwarded to : ". This morning I also received a phone call from the finance manager at my local MB dealership. I asked him if it was approved through MBFS and he said yes. I knew it was but just wanted to make sure they weren't going to pull some finance switcheroo stuff.

Woohoo!

My TU Fico 8 was 642 at the time of the HP.

Re: Mercedes Benz Financial Services Approval

trusty — Tue, 13 Mar 2018 16:12:16 GMT

@Anonymouswrote:
I applied to Mercedes Benz Financial Services last night and immediately had an alert that my TransUnion was hard pulled. I woke up this morning to an email stating. "Congratulations! Your request for a purchase on a Mercedes-Benz GLA250W has been preapproved by Mercedes-Benz Financial Services Your pre-approval has been forwarded to : ". This morning I also received a phone call from the finance manager at my local MB dealership. I asked him if it was approved through MBFS and he said yes. I knew it was but just wanted to make sure they weren't going to pull some finance switcheroo stuff.

Woohoo!

My TU Fico 8 was 642 at the time of the HP.

Congrats!

Did you apply from home? Usually auto approvals are made straightaway.

Re: Mercedes Benz Financial Services Approval

Anonymous — Tue, 13 Mar 2018 16:15:16 GMT

Nice vehicle!! Congrats!

I'm hoping my car can give me another three years of life before i can go shop for another card. Currently at 188K miles, 10 years with no car payment I want that 2009 Maserati Quattroporte Sport GT.

Re: Mercedes Benz Financial Services Approval

Anonymous — Tue, 13 Mar 2018 16:15:42 GMT

Thanks! Yes, I applied from home. From my bed, actually. LOL!

Re: Mercedes Benz Financial Services Approval

Anonymous — Tue, 13 Mar 2018 16:17:13 GMT

@Anonymouswrote:
Nice vehicle!! Congrats!

I'm hoping my car can give me another three years of life before i can go shop for another card. Currently at 188K miles, 10 years with no car payment I want that 2009 Maserati Quattroporte Sport GT.

Thanks! I have a 12 year old Honda with 260K that is wonderful. It's just time to upgrade.

Re: Mercedes Benz Financial Services Approval

Anonymous — Tue, 13 Mar 2018 16:20:30 GMT

@Anonymouswrote:
@Anonymouswrote:
Nice vehicle!! Congrats!

I'm hoping my car can give me another three years of life before i can go shop for another card. Currently at 188K miles, 10 years with no car payment I want that 2009 Maserati Quattroporte Sport GT.
Thanks! I have a 12 year old Honda with 260K that is wonderful. It's just time to upgrade.

Lol, wow, cool!!!

Re: Mercedes Benz Financial Services Approval

Anonymous — Tue, 13 Mar 2018 16:49:44 GMT

4.99% APR for 60 months.

Re: Mercedes Benz Financial Services Approval

Anonymous — Tue, 13 Mar 2018 17:17:37 GMT

Curious, why didnt you go to a CU?

Re: Mercedes Benz Financial Services Approval

Anonymous — Tue, 13 Mar 2018 17:41:41 GMT

@Anonymouswrote:
Curious, why didnt you go to a CU?

I joined PenFed and was denied for a car loan.

Re: Mercedes Benz Financial Services Approval

Washin17 — Tue, 13 Mar 2018 18:45:47 GMT

@Anonymouswrote:
@Anonymouswrote:
Curious, why didnt you go to a CU?
I joined PenFed and was denied for a car loan.

What were your TU Auto scores? Do you know if they used your regular score or your auto score? Also where are you located?

Re: Mercedes Benz Financial Services Approval

Anonymous — Tue, 13 Mar 2018 20:09:17 GMT

@Washin17wrote:
@Anonymouswrote:
@Anonymouswrote:
Curious, why didnt you go to a CU?
I joined PenFed and was denied for a car loan.
What were your TU Auto scores? Do you know if they used your regular score or your auto score? Also where are you located?

I do not know my TU auto scores and I do not know what MBFS used (regular vs. auto). I'm on the east coast of the USA.

Re: Mercedes Benz Financial Services Approval

FixMyScore0 — Wed, 14 Mar 2018 22:00:57 GMT

Got approved today.....barely.

They pull TU and use Fico Score 9 NOT auto Enahnced (which usually is a lower score). My FICO 8 is 690.......Fico 9 is 617

Re: Mercedes Benz Financial Services Approval

Anonymous — Wed, 14 Mar 2018 22:33:15 GMT

@FixMyScore0wrote:
Got approved today.....barely.

They pull TU and use Fico Score 9 NOT auto Enahnced (which usually is a lower score). My FICO 8 is 690.......Fico 9 is 617

Congratulations on the approval. If you don't mind me asking, which model is in your sights? I love the SUVs.

Re: Mercedes Benz Financial Services Approval

Anonymous — Thu, 15 Mar 2018 15:01:57 GMT

it's on her first post...Mercedes-Benz GLA250W

Re: Mercedes Benz Financial Services Approval

Anonymous — Thu, 15 Mar 2018 17:55:53 GMT

@Anonymouswrote:
it's on her first post...Mercedes-Benz GLA250W

That was me asking the other member about the model. ;-)

Re: Mercedes Benz Financial Services Approval

Anonymous — Thu, 15 Mar 2018 18:03:41 GMT

AH! well i'm sorry

Re: Mercedes Benz Financial Services Approval

Anonymous — Wed, 20 Jun 2018 14:23:59 GMT

I think Mercedes cares a lot about the income. I've been driving Audi for years (had 3 of them) and when my lease on the third Audi was up, my credit score was 630. Audi wanted me to pay the excessive miles up front and wouldn't cover the last 4 months due on the lease (I think this was more of the dealer I went to, they weren't doing good by me). Audi wanted to put me on an A3/A4. I was not having it and went to Mercedes. I applied for their financial services, 630 credit score with income of $145K got approved for tier 1 and got myself into an E Class. Mercedes really works with their prespective customers and are ready to close the deal.

Re: Mercedes Benz Financial Services Approval

Anonymous — Wed, 06 Mar 2019 04:20:55 GMT

Are you saying you have all of these cards with your scores?

Re: Mercedes Benz Financial Services Approval

Anonymous — Wed, 20 Mar 2019 05:40:37 GMT

Congrats!
I recently just stepped foot into my local MB dealership and was approved as well for the new 2019 A class. On a lease, $1,000 down. They pull your TransUnion and my score was literally 600 nothing more nothing less. I thought it was at least mid 600’s. Got a great deal.

Re: Mercedes Benz Financial Services Approval

Anonymous — Mon, 08 Apr 2019 03:41:07 GMT

NIakli23- Congrats on the approval! What state are you in, do you know what version they pulled ? Was it FICO Score 9 ?