Well like I said, the dealership most likely uses Wells as a lender. In other words after they get a credit application from you, they submit it to a few different banks depending on your situation. One could be Wells, Bank of America, Franklin capital, etc.. Those banks will then either say yes (approved and give terms ie. rate, max amt. financed), Declined, or they will counter the "deal" with the terms they want. With your history with wells and your score, you will most likely get approved by them. Like I said probably at a higher rate. I would reccomend going to the dealership. they have more lenders available and like I said, have the ability to negotiate with banks a lil better than consumers. Just be wary, and don't mention to the salesman your credit situation until you've come to an agreement on price. Then give him your credit information, then try and negotiate rate if they DO get you approved.
Starting score: EQ08 - 590 (08/14)
Current Scores(11/14):
EQ08 - 662 : DCU - 656
TU08 - 656 : CK - 655
EX08 - 636 : CS - 674
$500 Cap1 : $500 Cap1 QS
Goal: 720 by 4/15
