I have been helping my wife pay off her credit card debt (down to under 2% utilization with no late payments) and I'm ready for her to get a new car in early October since we are down to one vechicle.
Based on my income and credit profile I have no problem getting another auto loan/lease in my name but I'd like this to be a joint application so I'm going to pre-qualify at one our current lenders (Navy FCU, NASA FCU, CapOne, M&T, and maybe even captive financing if it has good terms) but I'm curious if rates or approvals are determined based on who is the primary on the applications. Thoughts?
