application

[Nett]

Your Age? 35

 

Your Equifax Credit Score? 629

Your Experian Credit Score? 582

Your TransUnion Credit Score? 562

 

How many years have you been on file with Equifax? 10

How many years have you been on file with Experian? 10

How many years have you been on file with TransUnion? 10

 

YOUR PREVIOUS AUTOMOTIVE CREDIT HISTORY

 

Do you have an open auto loan? yes

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

How many late pays within the last 12 months on the currently open loan?none

How many late pays within the last 13-24 months on the currently open loan? none

Your current open auto loan is financed with? Americredit

Your current open auto loan payment is? 400

Estimated amount you may be upside down in this vehicle? 2000.00

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

 

YOUR REVOLVING CREDIT HISTORY

 

Total number of revolving account(s) you have? 2

Total percentage utilized overall? 50

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) 2

How many of your revolving accounts are known subprime credit cards? 2

 

1 HSBC 500 (2 YRS)

1 USBANK 400 (3 mo old)

 

YOUR PERSONAL INFORMATION

 

How long at your current residence? 2mo

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

Your Monthly Rent or Mortgage payment? $1697

How long have you held your current job? 1 year but constantly employed for 3

Your total provable monthly gross income is? $5600

Your provable monthly gross income is provable via what method? (i.e. computerized paycheck stub, or tax return, or bank statements) paystub (all salary) $4600 pay stub and balance from tax returns.

Is there additional monthly income? What amount monthly? N/A

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.) refi only

Does any credit repository contain any Public Record? yes

 

 

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

If yes, please very briefly describe.

 

TU

1 medical paid

1 medical unpaid (600) in dv process now

1 other paid

EXP

1 medical paid

1 other paid

 

 

Please rate your overall creditworthiness on a scale of 1-10 (1=poor, 10= best) from my perspective..........8

Please rate your Installment credit history on a scale of 1-10 (1=poor, 10=best) 9

Please rate your Revolving credit history on a scale of 1-10 (1=poor, 10=best) 8 - no lates on cc

 

New or Used vehicle you are considering: Please very briefly describe. $14,000........2006 Hyundai Sonata xls

[MarvBear]

What LTV % do you need?

[Nett]

I'm not quite sure what you mean. I owe $14k. According to Kelley the suggested resale is 13,000 on this car.

 

I have a 20% rate. I am trying to achieve a lower rate and pymt.

 

Thanks

[MarvBear]

Well you need to do some homework.

If you read the pinned bank rate topic it's pretty easy to see how the lender will value a vehicle.

 

Then use the other pinned topic to establish the value that's going to be used.

 

Then you'll be able to calculate a LTV %, which will have a signicant impact on your approval terms/conditions if any.

[Nett]

Ok thanks