App For Marv

[Lindsay]

Credit Application:

 

Your Age? 27

 

Your Equifax Credit Score? 600

Your Experian Credit Score? 600

Your TransUnion Credit Score? 600

 

How many years have you been on file with Equifax? 9.9 years

How many years have you been on file with Experian? 9.9 years

How many years have you been on file with TransUnion? 9.9 year

 

YOUR PREVIOUS AUTOMOTIVE CREDIT HISTORY

 

Do you have an open auto loan? yes (3)

Will this open auto loan be a trade-in? yes 2 trades for one

How many late pays within the last 12 months on the currently open loan? 0

How many late pays within the last 13-24 months on the currently open loan? 2

Your current open auto loan is financed with? GMAC & Chrysler

Your current open auto loan payment is? 500 & 500

Estimated amount you may be upside down in this vehicle? 0

Rate your payment history on this open auto loan from 1-10 (1=poor:10=Best) late two times on over 6 financed autos

 

 

YOUR REVOLVING CREDIT HISTORY

 

Total number of revolving account(s) you have? 6

Total percentage utilized overall? 25%

How many of your revolving accounts are store cards? 1

How many of your revolving accounts are major credit cards? (i.e. Amex, MC, Visa) 5

How many of your revolving accounts are known subprime credit cards (i.e. Aspire, 1st Premier) 2

 

YOUR PERSONAL INFORMATION

 

How long at your current residence? 2 year

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

Your Monthly Rent or Mortgage payment? 0

How long have you held your current job? 5 years

Your total provable monthly gross income is? 100k 1099's 32k of claimed income due to write offs for biz.

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

 

 

YOUR DOWNPAYMENT

Please tell me your exact down payment in cash? (rebates and trade equity are not considered, please input a dollar value only.) $2000

Does any credit repository contain any Public Record? no

If yes, please very briefly describe.

 

Does any credit repository contain any Collection Account(s)? 3 medical 1 CO from 6 years ago

If yes, please very briefly describe.

 

Please rate your overall creditworthiness on a scale of 1-10 (1=poor, 10= best) 6

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. new 2011 Acadia 41k msrp

 

 

Having a tough time. Seems some lenders really dont care that I make over 100k a year. I am trading 2 cars in for 1k a month in notes for 1 car that the note should be about $700

[MarvBear]

How long at your current residence?

2 year

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

Your Monthly Rent or Mortgage payment? 0

How long have you held your current job? 5 years

Your total provable monthly gross income is? 100k 1099's 32k of claimed income due to write offs for biz.

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

 

Might be the way you fill out the application. if Line 31 of schedule C is 32K, and on your personal return line your gross addjusted income is what you legitimately can claim.

 

Most likely proof will have to be provided to a certain lender's satisfaction.