Auto Loan Approvals!

[Champ057]

APPROVING BANK: PENFED
BUREAU PULLED: EQ
CREDIT SCORE: 738
CUSTOMER STATE OF RESIDENCE: Military Germany
NEW/USED: NEW
YEAR OF VEHICLE: 2009

MAKE: BMW

MODEL: 328i
MILEAGE: 0
RETAIL/LEASE: retail
AMOUNT OF LOAN: 29100
TERM CONTRACTED: 6
APR/LEASE RATE: 5.75
MONTHLY PAYMENT: 478
MISCELLANEOUS COMMENTARY: Purchased using the BMW military sales program, total price for the ca rwas 30100, including nav and heated seats. to good a deal to pass on.

[Lyythine]

APPROVING BANK: NAVY FEDERAL CREDIT UNION

BUREAU PULLED: EQ
CREDIT SCORE: 803

CUSTOMER STATE OF RESIDENCE: Pennsylvania
NEW/USED: NEW
YEAR OF VEHICLE: 2009

MAKE: AUDI

MODEL: A4 Quattro 2.0T
MILEAGE: 0
RETAIL/LEASE: retail
AMOUNT OF LOAN: 24,000 (Paid 15k in cash)

TERM CONTRACTED: 6
APR/LEASE RATE: 3.99
MONTHLY PAYMENT: 478
MISCELLANEOUS COMMENTARY: NFCU ROCKS!!!  Called in to run application, approved next day, received check in mail 2 days later. Fantastic Customer service and this will be the third car financed through NFCU.

[OoTru143oO]

APPROVING BANK: First Financial Federal Credit Union
BUREAU PULLED: Experian   My lowest of course!
CREDIT SCORE: 598
CUSTOMER STATE OF RESIDENCE: NJ
NEW/USED: Used
YEAR OF VEHICLE:2007
MAKE:Nissan
MODELentra
MILEAGE:24,695
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $10,500
TERM CONTRACTED: 60 mo
APR/LEASE RATE: 15.7%
MONTHLY PAYMENT: $253
MISCELLANEOUS COMMENTARY:Ive gotten quite a few denials because of the fact that im self employed and most my money is under the table, most wanted a cosigner that had a w2.  My scores were 598, 613, and 630.  I went into first financial, gave them my tax forms, got a call a few hours later saying I was approved, simple as that!. 

[Klaws1000]

APPROVING BANK: Capital One Auto
BUREAU PULLED: All 3
CREDIT SCORE: Hi: 685 - Low 675
CUSTOMER STATE OF RESIDENCE: DE
NEW/USED: Used
YEAR OF VEHICLE: 2007 (rate is variable with the year of car you purchase)
MAKE:  Chevy
MODEL: Equinox
MILEAGE: 22,300
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $ was approved up to $20K

TERM CONTRACTED: 60 mo
APR/LEASE RATE: 8.2% (if I chose a 2008 vehicle - 7.7%; 2009 - 7.2)
MONTHLY PAYMENT: $ N/A
MISCELLANEOUS COMMENTARY:  DIDN'T TAKE THE LOAN - I went to my credit union the next morning

AND...

APPROVING BANK: DPL Federal Credit Union
BUREAU PULLED: TU
CREDIT SCORE: 685 (prop 680 after the Capital One pull)
CUSTOMER STATE OF RESIDENCE: DE
NEW/USED: Used
YEAR OF VEHICLE:2007
MAKE: Chevy
MODEL: Equinox
MILEAGE: 22,300
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $17,252 (16,775.00 for car, included disability ins & taxes in loan)
TERM CONTRACTED: 60 mo
APR/LEASE RATE: 5.5%
MONTHLY PAYMENT: $379 (incl disability ins).
MISCELLANEOUS COMMENTARY:   One year ago I was in the low to mid 500's a/k/a 10th Circle of Hell.  I worked - extremely hard - to get my report clean.  I have no baddies now except our discharged Chapter 13 (2/2009).  I also have an auto loan that I paid off three years early back in 2004.  I had to pay NO MONEY DOWN and my car payments are payroll deducted.  YIPPEE!!

I couldn't be more happy - if I can do it - you can do it too - JOIN A CREDIT UNION!

Message Edited by Klaws1000 on 07-10-2009 08:52 AM

Message Edited by Klaws1000 on 07-10-2009 10:10 AM

[Anonymous]

APPROVING BANK: PenFed
BUREAU PULLED:  EQ
CREDIT SCORE:  696

CUSTOMER STATE OF RESIDENCE: California

NEW/USED:   USED
YEAR OF VEHICLE:  2007

MAKE: VW

MODEL: Jetta
MILEAGE: 37,000

RETAIL/LEASE: Lease
AMOUNT OF LOAN: $13,000
TERM CONTRACTED: 60 mos
APR/LEASE RATE: 3.00

MONTHLY PAYMENT:  $240
MISCELLANEOUS COMMENTARY:  I am currently on lease and wanted to buy-out the car, very easy process to apply online with PenFed (I've only been a customer for 1 month with thier Visa card).  Upon requesting the $13k loan, PenFed asked me to fax in last two paystubs and payoff quote and the loan was approved the very next day!!

[Anonymous]

APPROVING BANK: Brazos Valley credit union
BUREAU PULLED:Equifax
CREDIT SCORE:700
CUSTOMER STATE OF RESIDENCE:tx
NEW/USED:used
YEAR OF VEHICLE: 2006

MAKE:toyota

MODEL: 4 runner limited
MILEAGE: 41k

RETAIL/LEASE:retail

AMOUNT OF LOAN:$17,000
TERM CONTRACTED:48mos
APR/LEASE RATE:5.5
MONTHLY PAYMENT:418
MISCELLANEOUS COMMENTARY: Paid 3000 down... went out for a newer 08, but found my new baby.. pleased! Didnt even mess with dealership financing as I was tickled with the 5.5!  My last car was in 02 had to have my dad cosign, since my score was 460!!! Feeling purty darn grown up now..

[Anonymous]

APPROVING BANK: GMAC
BUREAU PULLED:  Didn't ask, but I bought new scores in the am
CREDIT SCORE:   TU 632, EQ 642
CUSTOMER STATE OF RESIDENCE: Wisconsin
NEW/USED:   New
YEAR OF VEHICLE:  2009
MAKE: Chev
MODEL: Malibu
MILEAGE: 70
RETAIL/LEASE: Retail
AMOUNT OF LOAN: $26,901
TERM CONTRACTED: 60 mos
APR/LEASE RATE: 7.25
MONTHLY PAYMENT:  $535
MISCELLANEOUS COMMENTARY:  Second tier financing.  I traded in a 2006 Cobalt with high-mileage that was badly upside down from a 17% interest rate, 72 month loan.  Got trade in of $3500 and I put $3000 down, plus pricing special and $2000 rebates.  I still have negative equity (MSRP - $24590), but I'm in better shape with this loan than three years ago.  Walked in to dealer at 2 pm, picked up the car at 5:30pm.

[Anonymous]

APPROVING BANK: Alliant Credit Union
BUREAU PULLED: Equifax
CREDIT SCORE:729
CUSTOMER STATE OF RESIDENCE:CA
NEW/USED: Brand New
YEAR OF VEHICLE:2009

MAKE:Honda

MODEL:Civic LX
MILEAGE:30
RETAIL/LEASE:Retail
AMOUNT OF LOAN:$12,115.91
TERM CONTRACTED:60 months
APR/LEASE RATE:4.35%
MONTHLY PAYMENT:$225.06
MISCELLANEOUS COMMENTARY:I got what I believe was a pretty sweet deal on crystal (that's her name) $15,292.75 (MSRP is $18,965 and invoice is $17,818). Lowballed a bit on my trade in, but she honestly presented in much better shape than she actually is, so I'm ok with that. Put $3500 down cash, $1500 trade. Super excited. I've always been a super lurker on this site, but have learned so much and improved my credit exponentially! Much better deal than my last car!

[debtfree09]

APPROVING BANK: ESL Federal Credit Union
BUREAU PULLED: Equifax/Experien
CREDIT SCORE:629/unknown, husband 661/unknown
STATE OF RESIDENCE:NY
NEW/USED: Brand New
YEAR OF VEHICLE:2009

MAKE:Nissan

MODEL:Versa
MILEAGE:43 
RETAIL/LEASE:Retail
AMOUNT OF LOAN:$13,163
TERM CONTRACTED:84 months
APR/LEASE RATE:9.54%
MONTHLY PAYMENT:$216
MISCELLANEOUS COMMENTARY:I got a $19,000 car for $13,163 including undercoating.  Traded in our 1999 Mitzubishi Montero in the cash for clunkers and got $4500 plus $1750 rebate and $800 off the MRSP.  I'm very happy with this deal seeing we just had our Chapter 13 discharged in Nov 2008.  Dealership said we got Tier I rates with our credit union (they deal with them a lot).  I took the longer loan and will pay extra as dh wants a used Silverado before winter.  All in all very happy except have to wait until Friday to get it as that is when the Cash for Clunkers program starts.

[cw81]

APPROVING BANK:Smart Financial

BUREAU PULLED: Equifax

CREDIT SCORE:689
STATE OF RESIDENCE:TX
NEW/USED: USED
YEAR OF VEHICLE:2005

MAKE:BMW

MODEL: 545I

MILEAGE:40300
RETAIL/LEASE:Retail
AMOUNT OF LOAN:$27,500

TERM CONTRACTED:48 months
APR/LEASE RATE:7.0%
MONTHLY PAYMENT:$658

MISCELLANEOUS COMMENTARY: Vehicle come with  manufacturer's warranty to 100k and all the bells and whistles.

Message Edited by cw81 on 07-22-2009 03:02 PM