Can I get approved - myFICO® Forums - 4156283

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AAOA: a little over a year
Positive trade lines: 7
Negative trade lines: 0
Time at employer: 3.5 months
Income: $27,000 before a lot of overtime.
No prior auto loans- first time buyer- not looking for a co-signer
Scores in my siggy
Looking to put down between 3-5k
Looking for a loan in the 20k price line with a 60-72 financing
No debt, owe 2k on a federal college loan that has been payed on time for past 2 years
Live with parents no rent or mortgages yet

Current (8/2015): Equifax 688, Transunion 689, Experian 708
Goal Scores: 700 across the board

Capital One Venture: $5500| Discover it: $4500| American Express Green Card: NPSL| Capital One- QuickSilver: $3000| American Express Everyday Card: $2000| Bank of America- Americard Cash Rewards: $1500 | Barclays Cash Rewards: $1300| Chase Freedom:$1200| Barclays Apple Rewards: $2000

Message 1 of 5

4 REPLIES 4

Easily. You have established credit (over three lines), a significant down payent, and your credit score is well in the "prime" range.

Message 2 of 5

Wohoooo! Thanks for the response!!!

Current (8/2015): Equifax 688, Transunion 689, Experian 708
Goal Scores: 700 across the board

Capital One Venture: $5500| Discover it: $4500| American Express Green Card: NPSL| Capital One- QuickSilver: $3000| American Express Everyday Card: $2000| Bank of America- Americard Cash Rewards: $1500 | Barclays Cash Rewards: $1300| Chase Freedom:$1200| Barclays Apple Rewards: $2000

Message 3 of 5

I don't see a problem being approved. You is not asking for a substantial loan amount and your down payment is excellent. Although looking at your scores you may get away with 0 down.

Thank you for the wealth of knowledge I have learned from these forums. I am logging off as of November 9, 2022. I wish everyone great success.

Message 4 of 5

Thanks for the response

Current (8/2015): Equifax 688, Transunion 689, Experian 708
Goal Scores: 700 across the board

Capital One Venture: $5500| Discover it: $4500| American Express Green Card: NPSL| Capital One- QuickSilver: $3000| American Express Everyday Card: $2000| Bank of America- Americard Cash Rewards: $1500 | Barclays Cash Rewards: $1300| Chase Freedom:$1200| Barclays Apple Rewards: $2000

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