Auto Loan Approvals

[JAAS]

APPROVING BANK: NFCU & VW Credit
BUREAU PULLED: EQ & TU FICO 8 & 9
CREDIT SCORE: 698 & 714

SOFT PULL/HARD PULL: Hard
CUSTOMER STATE OF RESIDENCE: CA
NEW/USED: New
YEAR OF VEHICLE: 2020
MAKE: VW
MODEL: Jetta R Line
MILEAGE: 17
FINANCE/LEASE: Finance

PURCHASE PRICE: 33329
AMOUNT OF LOAN: 30579
TERM CONTRACTED: 72
APR/LEASE RATE: 2.6
MONTHLY PAYMENT: $460
ANNUAL INCOME: 75K
DEBT TO INCOME RATIO:
MISCELLANEOUS COMMENTARY: VW Credit beat NFCU rate by 0.9%. Traded in a paid of auto. Totally happy with the experience.

[sxa001]

Congratulations on the approval and thank you for sharing the detailed datapoints!  Enjoy the new Jetta! 

[JAAS]

No problem and Thank you!!

[cjc6464]

APPROVING BANK: Lexus Financial (TMCC) 
BUREAU PULLED: ALL 3
CREDIT SCORE: 599,584,624

SOFT PULL/HARD PULL: Hard
CUSTOMER STATE OF RESIDENCE: TX
NEW/USED: New
YEAR OF VEHICLE: 2020
MAKE: Lexus
MODEL: ES350
MILEAGE: 5
FINANCE/LEASE: Lease

PURCHASE PRICE: 45k
AMOUNT OF LOAN: 24k
TERM CONTRACTED: 36
APR/LEASE RATE: I do not know the MF, it is Tier 3 
MONTHLY PAYMENT: $680
ANNUAL INCOME: 85k

MISCELLANEOUS COMMENTARY: This for my grandmother. She has had issues with credit up until I took over the finances. She has since purchased a home and decided she wanted her dream car. She has had 5 loans with TMCC with no lates so i'm sure that contributed to Tier 3. The Camry she traded in rolled 3K in negative equity so hoping lease will eliminate that.