11 replies to this topic

[mama4]

Your Age? 50

Your Equifax Credit Score? 620 (Fako
Your Experian Credit Score? 575
Your TransUnion Credit Score? 629

How many years have you been on file with Equifax ? 16
How many years have you been on file with Experian? 17
How many years have you been on file with TransUnion? 17

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? N/A
How many late pays within the last 13-24 months on the currently open loan? N/A
Your current open auto loan is financed with? N/A
Your current open auto loan payment is? N/A
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) N/A


YOUR REVOLVING CREDIT HISTORY

Total number of revolving account(s) you have? 0
Total percentage utilized overall?
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) 0
How many of your revolving accounts are known subprime credit cards (i.e. Aspire, 1st Premier) 0

YOUR PERSONAL INFORMATION

How long at your current residence? 17 years
Do you Rent or have a Mortgage, or Live w/Relative or Other? Mortgage
Your Monthly Rent or Mortgage payment? 913
How long have you held your current job? 6 years
Your total provable monthly gross income is? 2800
Your provable monthly gross income is provable via what method? (i.e. computerized paycheck stub, or tax return) Check stub
Is there additional monthly income? What amount monthly? No
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.) $1500
Does any credit repository contain any Public Record? Yes
If yes, please very briefly describe. Paid Judgement from 2010

Does any credit repository contain any Collection Account(s)? yes
If yes, please very briefly describe. 2 medical collections

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

New or Used vehicle you are considering: Please very briefly describe 2008 chrysler town and country

[MarvBear]

Welcome to CreditBoards! We hope that you find what you're looking for here.

Some helpful tips:

• Your post may not get a reply right away. Don't be discouraged, this is a very busy board. If it falls off of the first page, feel free
  to reply to your post yourself, with the word *bump* in the text. This will *bump* your post back up to the top of the board.
• If you haven't yet, take a peek at out Newbies Section.
  Everything that you need to know is in that forum, for the most part! It's a lot of reading, we know, but this credit stuff can have a steep learning curve. In no time, you'll be posting like the pros!
• If you find that someone is discourteous to you, use the REPORT button at the bottom of every post - that will ensure that a moderator or admin looks at the post and decides if it is against the TOS.
• Off -topic posts should go in the General Forum.

Again, welcome to the CreditBoards family!

CB Admin: LKH, Pam, radi8, breeze
CB Mods: CargoJon, Chris in OK, cotterpin, CramItCCCAs, Fallon, MarvBear, CtSoxFan, pryan67, psp, Stryker, TrevorHere
Forum Leads: brazen, Brian B The Loan Professor, cedski, DallasLoanGuy, hoapres, ICANHASMUNY?, Lighthouse84, Linx04, Neen, TeeSharice


Come get your new keys!

HAPPY MOTORING

[mama4]

sorry Marv, just noticed I reported my provable GROSS montly income incorrectly......its not 2800....its 3600

[MarvBear]

Is there previous installment history similar to an auto loan? If so, please describe.

[mama4]

Nada...I haven't financed a car in years. Last few cars were bought at auction for cash. Also no open credit cards or revolving accounts, I've lived on cash for years now. I've cleaned my credit so well (lol) that the only things left are my mortgage (paid on time) an old (paid off in 1997) revolving store account, 2 open medical collections (just mailed pay to delete letters), a paid judgement and 2 paid medical collections from last year. I'm truly not sure if I should even try to get an auto loan now or try to open a CC acct first.......

[MarvBear]

Don't try and buy a vehicle just to improve your credit score. Ain't happening. Much easier way to improve scores. Buy a vehicle because you need one.

[ERIC0728]

Nada...I haven't financed a car in years. Last few cars were bought at auction for cash. Also no open credit cards or revolving accounts, I've lived on cash for years now. I've cleaned my credit so well (lol) that the only things left are my mortgage (paid on time) an old (paid off in 1997) revolving store account, 2 open medical collections (just mailed pay to delete letters), a paid judgement and 2 paid medical collections from last year. I'm truly not sure if I should even try to get an auto loan now or try to open a CC acct first.......

Repairing credit involves removing negative accounts and adding positive tradelines. Apply a couple of secured cards and go from there.

[mama4]

I do need a car.....but given my current history I dont know if I'd be approved.

[MarvBear]

is your goal to purchase a vehicle or to simply inprove your credit score?

[mama4]

To get a car. My current one is gonna go any day now. I also am cleaning my credit , because my ultimate goal in a year or so is to refi the house.

[MarvBear]

[mama4]

Thanks for your time Marv, no go back to hibernation!