Sorry if this is a dumb question I could not find it in the search.
Currently my DTI is 35% with my current auto loan. If I apply for DCU or PenFed do they take into account that I'll be trading in my car? Or will they assume that I'll have 2 car payments, approving me for a smaller amount.
Capital One auto nav was denied because I choose their Covid-19 payment deferral for 1 month on my current loan.
Credit Score: ~700 Fico8 ~720 auto scores
AAoA: 4 years
# of positive trade lines: 5
# of negative trade lines: 1, 120 late paid in full and closed 6 years ago.
Income: 50000
Length of Employment: 7 Years
Previous Loan Experience: Loan for $22k 3 years ago chase, refinanced with CapitalOne, paid on time
Debt-to-Income (DTI): 35%
CC UTL: 38%
