Auto Loan Approvals!

[kalabungadude]

APPROVING BANK: JP Morgan Chase
BUREAU PULLED: Transunion 
CREDIT SCORE: 718

SOFT PULL/HARD PULL: Hard
CUSTOMER STATE OF RESIDENCE: Nebraska 
NEW/USED: New
YEAR OF VEHICLE: 2021
MAKE: Subaru 
MODEL: Legacy Premium with Moonroof 
MILEAGE: 15
FINANCE/LEASE: Finance

PURCHASE PRICE: $26300
AMOUNT OF LOAN: $21,000
TERM CONTRACTED: 60 months
APR/LEASE RATE: 0%
MONTHLY PAYMENT: $351
ANNUAL INCOME: $49,000
DEBT TO INCOME RATIO: ~17% (just this car) 
MISCELLANEOUS COMMENTARY: Car stickers for over $29,000 but I used Truecar Unlimited Corporate pricing, as a employee of a large tech company, to just get a low no haggle price and the dealer accepted. Payment was only set to be $315 a month, but I rolled in the tax title reg fees. Super stoked to get 0% as a first time car buyer. Only credit I have had before hand was my AppleCard that I opened almost two years ago in July. Never missed a payment and I don't plan to start. 

[bbeaver2013]

APPROVING BANK: State Employees Credit Union
BUREAU PULLED: Equifax
CREDIT SCORE: 665

SOFT PULL/HARD PULL: HP
CUSTOMER STATE OF RESIDENCE: NC
NEW/USED: Used
YEAR OF VEHICLE: 2018
MAKE: Toyota
MODEL: Tundra
MILEAGE: 26,432
FINANCE/LEASE: Refinance

PURCHASE PRICE: 40,435
AMOUNT OF LOAN: 40,435
TERM CONTRACTED: 72
APR/LEASE RATE: 3.95
MONTHLY PAYMENT: 644
ANNUAL INCOME: 68,000

[BM1990]

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@TC1212 wrote:

@Brian_Earl_Spilner @I found my credit report letter from Navy back in July - it was 566. My interest rate was actually 2.09 instead of 2.29. Still in shock. We picked up car about 10 days ago. DH was so suprised.

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How did you get such a good interest rate ?

[Keyluv44]

APPROVING BANK: Navy Federal BUREAU PULLED: Transunion CREDIT SCORE: According to NFCU 578 SOFT PULL/HARD PULL: Hard CUSTOMER STATE OF RESIDENCE: Florida NEW/USED: New YEAR OF VEHICLE: 2022 MAKE: HYUNDAI MODEL: TUCSON SEL with Convenience Package MILEAGE: 14 FINANCE/LEASE: FINANCE PURCHASE PRICE: 32K AMOUNT OF LOAN:30K TERM CONTRACTED: 72 APR/LEASE RATE: 2.9% MONTHLY PAYMENT:$465 ANNUAL INCOME: 55K

[Anonymous]

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@Keyluv44 wrote:
APPROVING BANK: Navy Federal BUREAU PULLED: Transunion CREDIT SCORE: According to NFCU 578 SOFT PULL/HARD PULL: Hard CUSTOMER STATE OF RESIDENCE: Florida NEW/USED: New YEAR OF VEHICLE: 2022 MAKE: HYUNDAI MODEL: TUCSON SEL with Convenience Package MILEAGE: 14 FINANCE/LEASE: FINANCE PURCHASE PRICE: 32K AMOUNT OF LOAN:30K TERM CONTRACTED: 72 APR/LEASE RATE: 2.9% MONTHLY PAYMENT:$465 ANNUAL INCOME: 55K

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Why such the large discrepancy between what Navy has as your score and what you believe your score to be?

[ldkcivilservant]

I assume that his internal score with NFCU, which weighs heavily in favor of prior relationship, is a lot higher than his FICO score.

[Anonymous]

APPROVING BANKCU, Gesa
BUREAU PULLED: Equifax 
CREDIT SCORE:665 

SOFT PULL/HARD PULL: Hard
CUSTOMER STATE OF RESIDENCE: Wa state
NEW/USED:Used 
YEAR OF VEHICLE: 2016
MAKE:BMW
MODEL:4 Series M Sport 
MILEAGE:23,000
FINANCE/LEASE:finance

PURCHASE PRICE: $26,000
AMOUNT OF LOAN:$35000
TERM CONTRACTED:84
APR/LEASE RATE:6.4 % DCU, 7.2 Gesa
MONTHLY PAYMENT:$553
ANNUAL INCOME:$70,000
MISCELLANEOUS COMMENTARY: probably should have applied with navy federal who I've been with for 5 years, but my equifax auto score was the highest of all bureaus. Saw this 4 series on Vroom.com and after shopping around locally I went with this. 

[Anonymous]

APPROVING BANK: PenFed
BUREAU PULLED: EQ
CREDIT SCORE: 763

SOFT PULL/HARD PULL: Hard
CUSTOMER STATE OF RESIDENCE: UT
NEW/USED: Used
YEAR OF VEHICLE: 2015
MAKE: Tesla
MODEL: Model S P90DL

PURCHASE PRICE: $36k
AMOUNT OF LOAN: $36k
TERM CONTRACTED: 60
APR/LEASE RATE: 3.14%
MONTHLY PAYMENT: $649
ANNUAL INCOME: Mid $100k's
DEBT TO INCOME RATIO: 12%
MISCELLANEOUS COMMENTARY: We lost our Audi in an accident last month. Our mortgage lender gave us the thumbs up to take a loan out for a replacement so we could put the cash towards the house. It'll be titled and registered under our business so on the bright side the payments provide a bit of a write-off, plus switching over to an EV is great. I've already put 3,000 miles on the car and haven't paid a penny in gas or charging (free supercharging!).

[schsa210]

APPROVING BANK:  RBFCU
BUREAU PULLED:  TU
CREDIT SCORE:  808

SOFT PULL/HARD PULL:   Hard
CUSTOMER STATE OF RESIDENCE:  TX
NEW/USED:  New
YEAR OF VEHICLE:  2022
MAKE:  Mitsubishi
MODEL:  Outlander
MILEAGE:  17
FINANCE/LEASE:  Finance

PURCHASE PRICE:  $33,000
AMOUNT OF LOAN:  $27,000
TERM CONTRACTED:  72
APR/LEASE RATE:  2.44
MONTHLY PAYMENT: $415

[babygirl1256]

@schsa210 Wow . . . great financing . . . thanks for posting . . . way to go Texas!!!