6 replies to this topic

[JustAnotherGuy]

Credit Application:




Your Age 32




Your Equifax Credit Score? 680 USAA FAKO/632 Myfico

Your Experian Credit Score? 662 USAA FAKO

Your TransUnion Credit Score? 662 USAA FAKO




How many years have you been on file with Equifax?14

How many years have you been on file with Experian?14

How many years have you been on file with TransUnion?14




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?NA

Your current open auto loan payment is?NA

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) On previous auto loan(12k) paid off this year = 10 no lates, always on time







YOUR REVOLVING CREDIT HISTORY




Total number of revolving account(s) you have?3

Total percentage utilized overall?20%

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)3

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?5 years

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

Your Monthly Rent or Mortgage payment?0

How long have you held your current job?7 years

Your total provable monthly gross income is?2500

Your provable monthly gross income is provable via what method? (i.e. computerized paycheck stub, or tax return) Computerized paystub

Is there additional monthly income? What amount monthly?NA

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.) Preffered 0 but able for 2-3k

Does any credit repository contain any Public Record?Yes

If yes, please very briefly describe.Satisfied Judgment for 1600




Does any credit repository contain any Collection Account(s)?Yes, 3

If yes, please very briefly describe. Defaulted/repaired/satisfactorily paid off student loans




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)5

Please rate your Revolving credit history on a scale of 1-10 (1=poor, 10=best)5




New or Used vehicle you are considering: Please very briefly describe.

Used 2011 Toyota FJ Cruiser 20k miles with most of the offered extras




Other question would be how would this approval(if it would be) help/hurt my score.




Thanks for taking the time to look this over

Edited by JustAnotherGuy, 04 August 2012 - 03:20 PM.

[MarvBear]

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[MarvBear]

Other question would be how would this approval(if it would be) help/hurt my score.

Don't understand the question you are asking me.

[JustAnotherGuy]

Other question would be how would this approval(if it would be) help/hurt my score.

Don't understand the question you are asking me.

Just wondering how it would ding my credit. Lower/stay the same/raise the score.

[MarvBear]

The inquiry(s) in seeking the approval will be a slight ding. Installment loans do relative little to help an overall credit file, especially a score, until they age approximately 3 years in my opinion.

As far as the approval or no, have you ever had any installment loans of substance reporting to file, not including student loans? If so, please describe.

[JustAnotherGuy]

The inquiry(s) in seeking the approval will be a slight ding. Installment loans do relative little to help an overall credit file, especially a score, until they age approximately 3 years in my opinion.

As far as the approval or no, have you ever had any installment loans of substance reporting to file, not including student loans? If so, please describe.

Okay thank you. Installment loans? Yes I had a previous car loan that I paid off earlier this year. That loan was for a total of 12k and had an excellent(as in no missed payments) the entire time of the loan.

[MarvBear]