Think Penfed Will approve me?

[keikdasneak]

Looking into purchasing a used vehicle for $35,000. Going to apply with penfed first think i will be approved?
Looking to apply in the next couple of months

720 Equifax Fico Score

10% percent of credit usage

Positives:
2 Credit cards opened in 2009 perfect payments
1 credit card opened in 2005 perfect payments
1 credit card opened in 2001 perfect payments
1 credit card opened in 2007 perfect payments
1 auto loan opened june 2010 perfect payments

Negatives:
1 Collection for $14,000 unpaid ( long story )

O inquires
9 Years of credit history

Income 78k

[Anonymous]

Not with an open collection account.

[keikdasneak]

Serious? What about capital One?

[Creditaddict]

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@keikdasneak wrote:

Serious? What about capital One?

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Capital One seems to be pretty forgiving.

[keikdasneak]

should i freeze my other two reports, and just go to the dealership and have them pull equifax only?  equifax is my highest score right now...

[Anonymous]

I have not dealt with penfed or capital one for autos. With the limited auto history (4 months), I would try a local credit union to get the financing. The dealer will use an auto enhanced credit scoring system to give you a high interest rate if the loan is approved.