I was able to get an approval last year through GM Financial. It was for a brand new Chevy Cruze @ 8% and my scores were in the low 500s at the time (even worse than my currents..I know shameful.....durn that lay-off). Anyways....it was a decent deal I wish I had taken then....they only wanted 1000 down.
@Tomgon1981 wrote:has anybody had any luck getting approved thru GMAC or Ford with FICO scores of EX 650 EQ 636 and TU 639 I know there is a auto I handed score but is there a certain score they pull I am in missouri I have a few CO's that are satisfied and 2 I'm currently paying on I have a auto loan currently with a remaining amount of $5500 that I will be using as a trade-in due to no down payment would also mention have 2 judgements on report both been satisfied since 2010
What's the trade in on your current vehicle, do you think you'll be upside down on the loan? You'r scores are fine the get approved through GMAC or Ally Financial, I've seen FMC pick and pull with credit so I cannot give you a definitive answer of yes or no. Every lender pulls a different score by using a different algorithm that the public cannot duplicate. If I were you, I would look into what vehicle you are planning on buying. The amount of the loan (w/ your trade) is what's going to make or break the deal.
Note: NADA - Use this to get your vehicles trade in value
Sorry for typos-iPhone 5S
