Marv Credit App Review

[KYLADIAMOND]

Credit Application:

 

Your Age? 34

 

Your Equifax Credit Score? 594

Your Experian Credit Score? 579

Your TransUnion Credit Score? 551

How many years have you been on file with Equifax? 13 years

How many years have you been on file with Experian? 13 years

How many years have you been on file with TransUnion? 15 years

 

YOUR PREVIOUS AUTOMOTIVE CREDIT HISTORY

 

Do you have an open auto loan? No, had 2 that are paid for

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? 6

Total percentage utilized overall? 0% revolving 96% installment (student loans)

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) 3

How many of your revolving accounts are known subprime credit cards (i.e. Aspire, 1st Premier) 3

 

YOUR PERSONAL INFORMATION

 

How long at your current residence? 6 mo

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

Your Monthly Rent or Mortgage payment? $300

How long have you held your current job? 9 years

Your total provable monthly gross income is? $4315

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

Is there additional monthly income? What amount monthly? pay stub

Describe the source.

Is the additional monthly income provable? No

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.) 0

Does any credit repository contain any Public Record? Yes

If yes, please very briefly describe.

Paid State Tax Lien $785 from Feb 2008

Does any credit repository contain any Collection Account(s)? Yes

If yes, please very briefly describe. Paid Medical bill from 2005 $75

Please rate your overall creditworthiness on a scale of 1-10 (1=poor, 10= best) 5

Please rate your Installment credit history on a scale of 1-10 (1=poor, 10=best) 5

Please rate your Revolving credit history on a scale of 1-10 (1=poor, 10=best) 5

 

New or Used vehicle you are considering: Please very briefly describe. Color doesn't matter, whichever I can qualify

[MarvBear]

Your application is incomplete.

 

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

 

you did not answer.

[KYLADIAMOND]

I'm sorry. I wrote pay stub in the wrong column.

 

Also, I forgot to mention the loan would be for 30K

[KYLADIAMOND]

In addition to pay stub pay verification for 30K loan,

 

I forgot to mention I have 5 chargeoffs that are due to fall off next year/ 3 of the chargeoffs are paid

 

2 of the chargeoffs have gone into collections and equal about 18K from an orginal balance of 7K on the two

 

They are not showing in credit utility. I paid all credit cards off that showed in revolving credit utility.

 

 

Do you think I could get financing on a new car with Chevy?

 

Thank you for your help.

[MarvBear]

It's possible.

 

However I would tend to think you would need a downpayment of at least equal to thee sales tax,tag, title fees etc.