Wife's Auto App for Marv

[nyscene911]

Your Age? 22

 

Your Equifax Credit Score? 727

Your Experian Credit Score? 752

Your TransUnion Credit Score? 762

 

How many years have you been on file with Equifax? 3

How many years have you been on file with Experian? 3

How many years have you been on file with TransUnion? 3

 

YOUR PREVIOUS AUTOMOTIVE CREDIT HISTORY

 

Do you have an open auto loan? NO

Will this open auto loan be a trade-in?

How many late pays within the last 12 months on the currently open loan?

How many late pays within the last 13-24 months on the currently open loan?

Your current open auto loan is financed with?

Your current open auto loan payment is?

Estimated amount you may be upside down in this vehicle?

Rate your payment history on this open auto loan from 1-10 (1=poor:10=Best)

 

 

YOUR REVOLVING CREDIT HISTORY

 

Total number of revolving account(s) you have? 9

Total percentage utilized overall? 9%

How many of your revolving accounts are store cards? 3

How many of your revolving accounts are major credit cards? (i.e. Amex, MC, Visa) 6

How many of your revolving accounts are known subprime credit cards (i.e. Aspire, 1st Premier) 0

 

YOUR PERSONAL INFORMATION

 

How long at your current residence? ~10 months

Do you Rent or have a Mortgage, or Live w/Relative or Other? rent

Your Monthly Rent or Mortgage payment? 800

How long have you held your current job? 1 yr, 3 months

Your total provable monthly gross income is? $5000

Your provable monthly gross income is provable via what method? (i.e. computerized paycheck stub, or tax return, or bank statements) paystub, bank statements

Is there additional monthly income? What amount monthly? NO

Describe the source.

Is the additional monthly income provable?

Spousal income is not applicable.

 

YOUR DOWNPAYMENT

Please tell me your exact down payment in cash? (rebates and trade equity are not considered, please input a dollar value only.) 1000

Does any credit repository contain any Public Record? NO

If yes, please very briefly describe.

 

Does any credit repository contain any Collection Account(s)? NO

If yes, please very briefly describe.

 

Please rate your overall creditworthiness on a scale of 1-10 (1=poor, 10= best) 10

Please rate your Installment credit history on a scale of 1-10 (1=poor, 10=best) N/A-No previous installment loans

Please rate your Revolving credit history on a scale of 1-10 (1=poor, 10=best) 10

 

New or Used vehicle you are considering: Please very briefly describe.

USED 2008 Saturn Outlook-15k miles, $24000

 

Thanks.

[MarvBear]

On behalf of CreditBoards Admin, MarvBear would like to extend a sincere and warm welcome to the Automotive Forum. We have an Automotive FAQ (Frequently Asked Questions) section that should prove to be very helpful in your automotive knowledge quest.In the Reading and Resource Section of this forum, which is a read only forum, you can look up information regarding Sales Tax by State, Lemon Laws by State, along with a number of industry specific topics very relevant from the dealership's perspective.In the main section of this forum, there are two pinned topics both of which are read only topics. The first concerns Bank and Credit Union rates and tiers. You might find this useful in predicting an interest rate on your next vehicle purchase. The second is a general purpose credit application that you can use to get an idea if you might qualify for an automotive product loan based on an insider's perspective of the information you provide.You, as a consumer, have a unique advantage to "pick my brain"as I have been in the Automotive Industry since 1972. I will endeavor my utmost to give you up to the minute information and explain any insider workings you may question.Due to time constraints on my part, I may not always be available to answer your question right away. Don't be discouraged, this is a very busy board. If some extended time goes by without a reply, feel free to reply to your own post by typing the word *bump*. This will *bump* your post back up to the top of the forum where it is more easily seen.We make every effort to maintain a warm and friendly, and particularly non-judgmental attitude here on CreditBoards. If you find someone is discourteous to you, use the REPORT button located at the bottom of every post-that will ensure that either I or another moderator or Admin looks at the post and decides if it is against our TOS.Off-topic posts should go in the General Forum. And if you are a credit newbie, take a glance at our Newbies Section.Come get your new keys!HAPPY MOTORINGCB Admin: LKH, Pam, radi8, breezeCB Mods: CargoJon, Chris in CA, cotterpin, CramItCCCAs, Cristy, fla-tan, hardpull, MarvBear, pryan67, psp, stealthmidget, Stryker, yourguide, ZeRo_C0oLForum Leads: Brian B The Loan Professor, cedski, DallasLoanGuy, four20nik, hoapres, hurricanesfans27, Lighthouse84, Linx04, Neen, orangecrush, Peekaboo, TeeSharice

[MarvBear]

APPROVED

[nyscene911]

APPROVED

Thanks.

 

My concern had been that short history and no installment history could be an issue, but now you've put my mind more at ease

[nyscene911]

Well, we were approved at 5.99% from my CU.

 

We told the salesman that yesterday, he said they could beat it.

 

We went tonight to pick up the car, talk to the finance guy, tells us the "best" he could get is 7.49%. I tell him I had 5.99%, he pretty much said we couldn't get that anywhere, and that now we couldn't use our financing, and must finance through him or pay an extra $1200 for the car (despite no previous stipulations as such).

 

Needless to say, we walked out on him after a few choice words. I'm not happy, to say the least.

[MarvBear]

just go somewhere else and buy yourself a vehicle.

 

congrats.

[CreditMcNugget]

Well, we were approved at 5.99% from my CU.

 

We told the salesman that yesterday, he said they could beat it.

 

We went tonight to pick up the car, talk to the finance guy, tells us the "best" he could get is 7.49%. I tell him I had 5.99%, he pretty much said we couldn't get that anywhere, and that now we couldn't use our financing, and must finance through him or pay an extra $1200 for the car (despite no previous stipulations as such).

 

Needless to say, we walked out on him after a few choice words. I'm not happy, to say the least.

 

Sorry to hear that, but you didn't need that kinda crap anyway. Find a dealer who is going to be honest and work for your business (not really MUCH work to accept your own financing).

 

DH and I have been dealing with several dealerships who won't return calls, etc. and we've decided to NEVER give them any of our business. I'm a firm believer of if you treat a customer right, you can keep them for a lifetime. Abuse them, and you lose them and most likely everyone they know.

 

I hope you find someone to give you a great deal on the vehicle you want.

[nyscene911]

Well, we were approved at 5.99% from my CU.

 

We told the salesman that yesterday, he said they could beat it.

 

We went tonight to pick up the car, talk to the finance guy, tells us the "best" he could get is 7.49%. I tell him I had 5.99%, he pretty much said we couldn't get that anywhere, and that now we couldn't use our financing, and must finance through him or pay an extra $1200 for the car (despite no previous stipulations as such).

 

Needless to say, we walked out on him after a few choice words. I'm not happy, to say the least.

 

Sorry to hear that, but you didn't need that kinda crap anyway. Find a dealer who is going to be honest and work for your business (not really MUCH work to accept your own financing).

 

DH and I have been dealing with several dealerships who won't return calls, etc. and we've decided to NEVER give them any of our business. I'm a firm believer of if you treat a customer right, you can keep them for a lifetime. Abuse them, and you lose them and most likely everyone they know.

 

I hope you find someone to give you a great deal on the vehicle you want.

I did leave that dealer, and I'm not going back to them again.

 

I've already filed a series of complaints, from the BBB, the New York AG, GM Coorporate, and I even called 7 on Your Side (since my wife is 9 months pregnant, I figure it might make it a bit more interesting for them).

 

In addition, they refused to supply me with a copy of the original buyers agreement with the price, taxes etc. After I called coorporate, complained about all the practices (including that) and said that I was filing a complain with the attorney General, I got a call from the dealer 15 minutes later that I'd FINALLY be given the buyers agreement.

 

I'm usually very mild-mannered, but this pissed me off.

[CreditMcNugget]

I actually had to Google 7 On Your Side (lol) since I had never heard of it. We have a news special like that here called You Paid For It. I wish you all the best. Also, be sure to report them to RipOffReport.com.

[54regcab]

With those excellent credit scores you may be able to get under 5% on a new car loan.

[nyscene911]

With those excellent credit scores you may be able to get under 5% on a new car loan.

Maybe.

 

We went to a different dealer, and got a car. And they had no issues taking our financing.

 

Anyway, since she wanted an SUV, we decided to go used to keep the costs down (since they've dropped like rocks).

 

Anyway, I've definately cooled off, and its a big relief to have finally gotten a deal done!

[CreditMcNugget]

With those excellent credit scores you may be able to get under 5% on a new car loan.

Maybe.

 

We went to a different dealer, and got a car. And they had no issues taking our financing.

 

Anyway, since she wanted an SUV, we decided to go used to keep the costs down (since they've dropped like rocks).

 

Anyway, I've definately cooled off, and its a big relief to have finally gotten a deal done!

 

Well, what did ya get?!!!

 

Don't keep me in suspense, man!

[nyscene911]

With those excellent credit scores you may be able to get under 5% on a new car loan.

Maybe.

 

We went to a different dealer, and got a car. And they had no issues taking our financing.

 

Anyway, since she wanted an SUV, we decided to go used to keep the costs down (since they've dropped like rocks).

 

Anyway, I've definately cooled off, and its a big relief to have finally gotten a deal done!

 

Well, what did ya get?!!!

 

Don't keep me in suspense, man!

2007 GMC Acadia. All options except for Leather, sunroof, and Nav pretty much. Even had a rear-seat DVD, which was a big surprise and a nice plus!

 

All in all, its about $1300 more than the Outlook would've been (but with many more options). We're happy, picking it up tonight (delivery today was the only stipulation this dealer had--the salesman was a DREAM to work with compared to the other place)

[CreditMcNugget]

Congrats!

 

That's a VERY sweet looking ride!

 

SIDENOTE: My car gets jealous because of the wandering eye I give Acadias/Enclaves when they ride by.