@makingitbetter wrote:
Just wanted to get some feedback. I'm looking to lease a new 09 or 10 VW Passat in the next couple weeks. I want to put as little money as possible down, as I don't think it makes sense to put a lot of $$ down on a lease. My EQ and TU scores are 731 and 725. I have had two car loans in the past, one from 2001-2006 and one from 2005-2008. I have one 30 day late from 2006, other than that, both accounts were paid on time. I just started a new job last week, after leaving my job 2 years ago to go to grad school. Do you think I will be approved with these scores and the fact that I've only been at my job a week? Thanks.
I think you are going to have a hard time getting financed with one week on the job. Especially for a lease.
If you had changed jobs but had an unbroken history of employment, that would be one thing, but I think you may have some issues, solely due to employment length.
Granted if your new job is 150K a year and your DTI is nothing that could be mitigating factor.
I don't think you will not get financed, just possibly not the best rates.
