Chances of Approval

[Tinkerbell319]

I applied for a $2,500 loan today at credit union. My current fico score with Experian is 728 - I have loads of inquiries because I'm trying to get a loan to get my car repaired. As I am walking miles to work everyday and I just need this fixed fast. 

The loan officer pulled my score and told me that I had a good score and she went over monthly payments with me. As I told her that I would be paying the loan off early as January once I get my tax refund. She said she was passing the application over to underwriters and they will get back with me for employment verification. 

Does this sound like an approval? As of right now I have 1 credit card with 7 months of solid on - time payment and my current balance for my credit card is $13 for a $400 limit. I'm reflecting 3% balance. 

[Anonymous]

Honestly it sounds good to me, but since we don't know what may be on the other bureau's reports, can;t really tell. Do you have any collections accounts, or debt? 

At least you wont have to wait long!! Good luck to you!

[tcbofade]

Sounds like a yes to me too.

They wouldn't have sent it to the underwriters if they didn't think it would go...

As always, ymmv, but it sounds like a go to me. 

[xaximus]

I would agree with others, it sounds like a Yes to me. As long as you have good history with the CU, then you should be okay.