This is what is on my Fico Report..
Short Account history -
-Oldest Account 1yr 6 Mos
-Average Account 11 months
Loan Balances -
-45% left on SELF LENDER (less than 300)
Those are the only RED MARKs above.. (onMyFico)
Now for Green
No Missed PAyments (0)
Love Revolving Credit Use - Ratio 6%
1 Inquiry (maybe two if the discoiver catches up)
Credit limits are
Cap 1 secure $300
Cap 1 Quicksilver $1000
Self Inc secure $250
Kikoff reports $500 if that matters
Installment Accounts - Self as I stated above (9months from finishing)
Amount of new credit says fair.. -
-last acct open 2mos ago (Quicksilver)
-No Deluiqent Accounts.
My first ever technical Loan (minus I guess SELF)
32yrs old - MY penfed savings has $5 atm and the checking I just opened up has $100 (gona put more in Friday)
Should I apply or wait? I am tired of waiting on this new car... need one asap
Will I get approved or denied, The lady said I meet min qualifications and they do a SOFT Equifax pull.. at the bank. Her word.
Loan amount? Income? DTI? Getting a loan involves much more than your FICO and CLs.
Did your PenFed pre-qualifier include a rate? Also, what is your income. Did you provide that information to the lady at PenFed when she pre-qualified you? Your debt seems very low.