brandon101

Thanks Marv... do you have any idea what a reasonable rate range/term would be on this? Is it going to have to be through a dealer or will I have a chance with some place like PenFed? Any bonus points for a good relationship with HSBC?

Repo is from 2004.... Sale price on car is $25k

Your Age? 26 Your Equifax Credit Score? 517 Your Experian Credit Score? 510 Your TransUnion Credit Score? 531 How many years have you been on file with Equifax? 6 How many years have you been on file with Experian? 6 How many years have you been on file with TransUnion? 6 YOUR PREVIOUS AUTOMOTIVE CREDIT HISTORY Do you have an open auto loan? Yes, a repo Will this open auto loan be a trade-in? No How many late pays within the last 12 months on the currently open loan? 30,30,60,90,120, Repo How many late pays within the last 13-24 months on the currently open loan? Your current open auto loan is financed with? Ford Motor Credit Your current open auto loan payment is? 460 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) 1 YOUR REVOLVING CREDIT HISTORY Total number of revolving account(s) you have? 1 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): 1 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? 6 Do you Rent or have a Mortgage, or Live w/Relative or Other? Rent Your Monthly Rent or Mortgage payment? 970 How long have you held your current job? 1 year Your total provable monthly gross income is? 6500 Your provable monthly gross income is provable via what method? (i.e. computerized paycheck stub, or tax return, or bank statements) stub Is there additional monthly income? What amount monthly? 1500 Describe the source. Investment Is the additional monthly income provable? Yes 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.) $10k Does any credit repository contain any Public Record? No If yes, please very briefly describe. Does any credit repository contain any Collection Account(s)? If yes, please very briefly describe. Yes, 11... from 2003-2004... Cable collection, credit cards, etc. Please rate your overall creditworthiness on a scale of 1-10 (1=poor, 10= best) 2 Please rate your Installment credit history on a scale of 1-10 (1=poor, 10=best) 4 Please rate your Revolving credit history on a scale of 1-10 (1=poor, 10=best) 1 New or Used vehicle you are considering: Please very briefly describe. 2004 Audi S4, 40,000 miles.

Hey Guys, So far you, you have been saints. I love this place. Here is my issue. I'm using a vehicle of a family members that is due up in August (lease). I need to secure a vehicle sometime between now and then. Now, I make really good income and live really cheap. I did not think I would be able to buy a vehicle, so I have been planning on having to pay cash. I have roughly $4k I could use now. I should be able to have $10-$12k in August. As far as my credit goes. I have a bunch of small collections from 2002-2004, a prior GMAC lease that is paid, a $6k charge off from BOA and a repo from 2004 on Ford Motor Credit. I started a business back then that didn't really go anywhere. I have pretty much left my credit alone since. My credit is becoming more and more of an issue so I have started to repair it. I was able to get approval on a $300 CC from HSBC so far. In any event, what should I do? Is there a chance of me getting a $20-$25k car loan with $10k down? What about a $15k loan with $5-$8k down? What kind of interest rates? Am I better going to a CU/bank vs one of those in house finance dealers? Or should I stick to my original plan of buying a $5-$10k car in July for cash. Help!

Has anyone worked with a US Bank branch in the Seattle area?