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Okay, trying to purchase a financed car from my father.

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ShinBeats
New Contributor

Okay, trying to purchase a financed car from my father.

EQ is at 634 and is only going up fast with 3 (THREE) accounts reporting paid every month and utilization relatively low. My question is, what's the best way to do it? My CU denied me when my score was TU score was 625, not sure what it is now, but I'm sure it didn't go down.

 

Any suggestions?

09/26/2010
EQ: 634

08/28/2014
EQ: 652
Message 1 of 2
1 REPLY 1
Anonymous
Not applicable

Re: Okay, trying to purchase a financed car from my father.


@ShinBeats wrote:

EQ is at 634 and is only going up fast with 3 (THREE) accounts reporting paid every month and utilization relatively low. My question is, what's the best way to do it? My CU denied me when my score was TU score was 625, not sure what it is now, but I'm sure it didn't go down.

 

Any suggestions?


Current income? Time on job?

 

amount to finance?

 

is there positive or negative equity on vehicle

 

What were all the reasons you were denied?

Debt  to income ratio?

 

past car loan history?

Then we can help.

 

 

Message 2 of 2
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