Alliant Credit Union

[Anonymous]

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@pen_nyc wrote:

Thanks for the reply USMC.

I called them this morning and they told me that the max is based on  the NADA value of the car which is perfect.

And yes, when I did open my Alliant account (thanks to you btw!) they did "pre-approve" me for both an auto loan for $ 20K and a visa for $ 7500. I did apply for the Visa and was given a $ 500 credit line only. The rep told me it was because I had not history with them. Since then I've been depositing $ 250 a week into the saving account and to get pad that a bit more then apply for an auto loan. 

Thanks again for all your help!

-P.

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You were pre-approved for Visa $7.5k and auto $20k, but then they CLD the card to $500?  That is a first, I've never heard of that before.  Usually if you get preapproved online, it's a done deal and the card arrives in about 7 to 10 days.

[pen_nyc]

Yep. That's exactly what happened. 

Go figure. I was surprised myself but in the end not much I can do. You would think that I had some negatives on my report but that is not the case. I have a total age of 19 yrs plus and average age of 7yrs plus. EQ is at 765 and TU  689.

-P.

[Anonymous]

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@pen_nyc wrote:

Yep. That's exactly what happened. 

Go figure. I was surprised myself but in the end not much I can do. You would think that I had some negatives on my report but that is not the case. I have a total age of 19 yrs plus and average age of 7yrs plus. EQ is at 765 and TU  689.

-P.

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Its never been about the negatives....... the derogs you have limiting you are simply a lack of Positives....