There are A LOT of factors that can make your interest much higher, even with a decently high FICO score. Trust me, I know from personal experience and was rejected left and right. Only a couple of banks approved me. The payment however doesn’t add up.
Um...ok. 
@Shooting-For-800 wrote:
@Anonymous wrote:As my previous post, I paid most of the balances down to $0 and boosted my credit score. My goal was to get a car of my own, which I went today and had a test drive and all that blah blah thing. Half hour, we went all over the paperwork and applied for financing with Captial One. Was approved for $31k, I put $3k down and dealership gave me so much rebates about $7k so basically I only get the loan for $23,997 plus taxes, titles, fees, insurance, extended warrarnty. All comes to $25,015.88. Monthly payment is only $151.28 at 11.77% APR. They pulled TU score of 733.
Picture of my new car!
.
There is no way in the world your payment is under $200.
CHECK your paperwork NOW.
$200 x 72 = $14,400
You payment should be between $486 (72 months) and $554 (60 months) !
I hope you just had a typos.....
Also, why is your interest rate so high (11.77%) with a 733 fico?
I got 2.49% for 72 months with Cap One with a fico slightly below 700.
I am not trying to rain on your parade but there are several issues you need to review immediately.
Totally agree.
Unless it's a captive lender, no bank is giving out 1.17% auto loans, no matter the length.
