My Fiance and I Applied for a Car Loan

[brownsugarflyygirl]

My fiance and I applied for a car loan with his credit union - my scores are 628 (TU), 644(EQ) & 656(EX) all FAKO's - his scores all three are in the 650-670 range - dont remember exact numbers. He is the primary - I am the co-signer. I wanted a co-signer because my utilization (around 85%) and dti are pretty high. Do they combine the utilization, dti, and income to come up with a number? If not, how do they factor in co-signers.

 

Also, if I want Marv to review our app, do I post two seperate profiles or list the combined numbers?

Edited September 8, 2009 by brownsugarflyygirl

[MarvBear]

Dp they know or can they assume the vehicle is to be for you?

[brownsugarflyygirl]

I think that they can assume because he has an open auto loan on his report and I do not.

[MarvBear]

Ah I see, Post one app, list your info and fiance's infor separated by "/" marks.

[brownsugarflyygirl]

Hi Marv!

 

Thanks for your reply...our app was approved by the credit union with a 3.99% rate. I'm super excited!

[hurricanesfans27]

congrats and a very good rate.

[MarvBear]

congrrrrrrrrrrrrrrrrrrrrrats.

[geordi]

Hi Marv!

 

Thanks for your reply...our app was approved by the credit union with a 3.99% rate. I'm super excited!

Congrats!

 

Was the credit union Penfed?