app for marv

[bunikula]

Joint app with 1. me and 2. dh

Your Age:34 and 32

How long have your been on file with the CRA’s? 10yrs and 2.5 yrs

 

Credit Scores:

Equifax? 620 and 700

Experian? 602 and 690

TransUnion? 620 and 710

 

Your Credit:

Rate your OVER ALL credit from 1-10 (10=BEST) 5 and 8

Rate your installment Credit from 1-10: 8 and n/a

Rate your revolving Credit from 1-10: 5 and 9

 

Public Records? me yes spouse no

If yes, please describe: bk 10/98 discharged 2/99

 

Auto Loans:

Do you have an open auto loan? me yes spouse no

How many auto loans are presently open? 1

Are you trading in your open auto loan? no

Are there late pays on your CURRENT auto loan? no

If yes, please list the time frame.

The number of 30 days late in the previous 12 months

The number of 30 days late in the previous 13 to 24 months

The number of 60 days late in the previous 12 months

The number of 60 days late in the previous 13 to 24 months

Current open auto loan is financed with? household auto

Current open auto loan payment? 280

Estimated amount you may be upside down in this vehicle? 0(owe $3000 will pay off by year end)98 nissan quest

Rate this open auto loan from 1-10. 10

 

Credit Cards:

Total number of revolving accounts: me- 10 spouse - 5

Percent utilization overall: me 60% spouse 20%

 

Your Info:

Total Provable MONTHLY GROSS income:me 2400 spouse 2800

Provable via computerized paystubs or what method:comp. paystubs

 

Your Downpayment in CASH: 1000

Rebates not considered; Trade Equity not considered; cash only.

Please use a monetary value. Don't use the typical comments such as "little as possible" etc. I only hear that 4000 times a day. Cut to the chase please.

 

New or Used Vehicle: used

Please describe desired vehicle: 2003 ford expedition

 

Please leave any comments that your feel may be pertinent and may lend added weight for a favorable outcome

we are looking for a new vehicle for my dh, will trade his 94 ford f150.he only has 2.5 yrs hist.(paid all cash before)

[MarvBear]

Husband first

Wife second app

 

approved.

[bunikula]

thanks.

should we go to ford dealership for financing, or get preapprovals online, take along, see if dealer can do better, if not, go with preapproved lender.....

 

thanks again for your help!!

[bunikula]

after reading another post I have decided to wait and work with the dealership f&i guy, and not "shop the loan around" getting mult. hards and risking declines.

 

this board is the best for great info!