App for Marv

[Hick]

Credit Application:

Your Age? 35

Your Equifax Credit Score? 686

Your Experian Credit Score? 672

Your TransUnion Credit Score? 665

How many years have you been on file with Equifax? 16.5 years

 

How many years have you been on file with Experian? 16.5 years

How many years have you been on file with TransUnion? 16.5 years

YOUR PREVIOUS AUTOMOTIVE CREDIT HISTORY

Do you have an open auto loan? No

 

Will this open auto loan be a trade-in? N/A

 

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? N/A

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

***(NOTE: Have had 3-4 auto loans, all paid off early and never late. Ranging from $15-$30K each)***

YOUR REVOLVING CREDIT HISTORY

 

Total number of revolving account(s) you have? 5

Total percentage utilized overall? 2%

 

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) 4

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? 12 Years

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

Your Monthly Rent or Mortgage payment? $800/M

 

How long have you held your current job? 1.5 years

 

Your total provable monthly gross income is? $6,250

 

Your provable monthly gross income is provable via what method? (i.e. computerized paycheck stub, or tax return) Computerized Paychecks, W2's, Returns, etc

Is there additional monthly income? What amount monthly? No

 

Describe the source.

 

Is the additional monthly income provable? N/A

 

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.) $25,000 cash | $30,000 loan | Truck is $55,000 with TTL

 

Does any credit repository contain any Public Record? Yes

 

If yes, please very briefly describe.

Chapter 7 bankruptcy 1.5 years ago

Does any credit repository contain any Collection
Account(s)? No

If yes, please very briefly describe. N/A

Please rate your overall creditworthiness on a scale of 1-10 (1=poor, 10=best) 8 due to BK, no lates since BK

Please rate your Installment credit history on a scale of 1-10 (1=poor, 10=best) 8 due to BK, no lates since BK

 

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

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

New 2013 GM Silverado

[MarvBear]

[CharlesJarrot]

Let us know what apr you get if you go through with it!

[Hick]

Marv, I'm considering putting down $5,000 less which will be used to option the truck with aftermarket gear for work. With a $20K down payment, would you predict an approval? Hence, a $35,000 note.

Edited May 12, 2013 by Hick

[BRBiz]

That shouldn't make any difference since your still putting down almost 40% with good credit...

 

Silverado 2500/3500 diesel LTZ?

[MarvBear]

2 months later and you haven't bought it yet?