Ap for Marv!

[dhoy]

Thanks for doing this for everyone

 

 

 

Credit Application:

 

Your Age? 26

 

Your Equifax Credit Score? 689

Your Experian Credit Score? 691

Your TransUnion Credit Score? 695

 

How many years have you been on file with Equifax? 6

How many years have you been on file with Experian? 6

How many years have you been on file with TransUnion? 6

 

YOUR PREVIOUS AUTOMOTIVE CREDIT HISTORY

 

Do you have an open auto loan? no

Will this open auto loan be a trade-in? no

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

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

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? 5

Total percentage utilized overall? 5% now, I PIF every month, will be zero soon

How many of your revolving accounts are store cards? 0

How many of your revolving accounts are major credit cards? (i.e. Amex, MC, Visa) 4, 2 are 3 months old, other 2 are 3 years old

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

 

YOUR PERSONAL INFORMATION

 

How long at your current residence? 2 years

Do you Rent or have a Mortgage, or Live w/Relative or Other? live with mom to take care of her, own a home, but it's rented and on

tax return last two years as rental income

Your Monthly Rent or Mortgage payment? $1040

How long have you held your current job? 4 years

Your total provable monthly gross income is? 5-12,000 depends, own business

Your provable monthly gross income is provable via what method? bank statements, taxes are lower, incomes grown recently

Is there additional monthly income? What amount monthly? 400, rental income

Describe the source. rental income

Is the additional monthly income provable? yes

Spousal income is not applicable.

 

YOUR DOWNPAYMENT would just pay cash but don't want to, business earns MUCH more then 7%

Please tell me your exact down payment in cash? will pay whatever. Will use friends dealer license to pay wholesale, buy below loan

Does any credit repository contain any Public Record? no, never late on anything

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) 10

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.

 

Want to buy either a 2002-2005 BMW X5 4.8 13-18 k or a 2003-2004 Porsche Cayenne Turbo, about 18-20k

 

Also want to buy a boat. 20 foot, sport ski, will pay about 10-18k for it.

 

Do I have enough credit to buy both? If I don't qualify I will just write a check but I want to use cash for investing, business, etc...

Also think this will help get my score up way over 700 in year or so!!??

 

 

PS. Thanks by the way

[MarvBear]

I dont think boat/recreational loans or automobile loans do much if anything for one's score until the account ages arund 36 months.

[dhoy]

will I at least be approved?

[MarvBear]

will I at least be approved?

 

 

You can always buy an approval with enough of a downpayment.