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Can I get Aprrove for a Car?

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am0108
Member

Can I get Aprrove for a Car?

I am trying to get a car loan for $15,000.

FICO = 650
Debt = 35% paying $400/mo.
Gross Income = $3000/mo.
No Rent or Mortgage
No collections
Last late was over a year ago.

Do you think I can get a loan?
Message 1 of 2
1 REPLY 1
Anonymous
Not applicable

Re: Can I get Aprrove for a Car?

Yes, you should be able to get a loan fairly easy.  My Fico score was 616 when Ford pulled it.  My gross income is lower than yours, and I'm in a debt management program.  My I/R is 10% on a $24,000 loan.  Yours should be lower than that.  Good luck.
 
 
 
 


Message Edited by bigdippin on 04-11-2008 09:45 AM
Message 2 of 2
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