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How automotive finance departments look at people with bad credit...

masscredit
Valued Contributor

How automotive finance departments look at people with bad credit...

I'm part of an automotive sales group on Facebook. They love posting screenshots of people's low credit scores. The whole thing is a joke to them. I'd like to see those finance and sales people post their credit scores. I doubt many of them are in the 800-850 range. There are decent that work in these departments. Some truely want to help people. But for many, it's how much they can take advantage of the situation and and insult their customers along the way.

 

Pre-Credit Rebuild Scores Pre-DC (3/24/22) - EQ - 524 / TU - 519 / EX - 495

Current Scores - EQ - 691 / TU - 662 / EX - 667

SDFCU Secured - $6500 / TD Bank - $5000 / Mercury - $5000 /Andrews FCU Secured - $3000 / OpenSky Secured - $3000 / Capital One Savor One- $3000 / Ally Master Card - $2500

Andrews FCU SSL $1500
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CH-7-Mission-Accomplished
Valued Contributor

Re: How automotive finance departments look at people with bad credit...

And they are especially known to prey on people of color.   It's a scandal and it should end now.


@masscredit wrote:

I'm part of an automotive sales group on Facebook. They love posting screenshots of people's low credit scores. The whole thing is a joke to them. I'd like to see those finance and sales people post their credit scores. I doubt many of them are in the 800-850 range. There are decent that work in these departments. Some truely want to help people. But for many, it's how much they can take advantage of the situation and and insult their customers along the way.

 


 

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