kdlopez01

Thanks Marv I talked to wachovia today and they said my interest rate is $1.30 a day so if I rode it out and didnt make a payment for like 13 months since I am so far ahead on my payments I would gain something like an extra $500 dollars to my debt. They also told me once I pay it off its done they do not apply money in there own manner. SO let me ask you this how long do I keep the loan open for until its not really going to help my credit score any more? I opened the loan August 28th 2007. One other question when I was looking for a car in August 2007 I got 10 credit inquires from different companies when will theses inquires no longer show on my credit reports?

I have about $5,800 left on my car and I have been making double and triple payments for the past 9 months and it says my next payment is $97.68 do 8/20/2010... my question is when I get down to like $2,200 left on my car and it will say something like next payment do 12/17/2010 can I just not make a payment until December 2010 and still not show any late or missed payments since I have not missed or made any late payments? hope that makes sense I want to keep it open to build more credit I have had it for 2 years now 72 months 7%APR

Ok so I am 24 years old I have a 2004 Honda s2000 that I owe $8,000 on my minimum payment is $311.00 a month. My loan is with Wachovia 7% APR 72 month I opened the loan in September 2007 I have never missed a payment and I have over paid a lot of time. What I want to do is pay it off sooner to get rid of the debt so do I pay $1,800 a month and have the car paid off by November or pay $900.00 a month and have it paid off by February 2010? I have no problem making these big payments I am just trying to figure out which one would be better? There is no real reason why I want to pay it off soon I just figure less debt could only be a good thing. I do not have any other debt besides a credit card with a $5,000 limit that I owe $450 on that I have had for about 4 months now. Just got it after building my credit from 625-675 took me almost 2 years to get my act together =) I know people will say put the money in saving but I am already working on my savings I have $12,000 saved... so why not just pay my debt off sooner?

that would really make my year if that happen to me after i buy my truck 80 points

I just wanted to know how much your credit score drops after you buy a vehicle and how is it determined

Appreciate your help I have never looked up my EQ/TU scores before but I will only need a $10,000 loan and I have a cosignor if I need it but his credit is about that same as mine so we will see what happens thank you.

the trade in value is $14,550

Ok I owe $11,185 on my car and its worth $16,895

Your Age? 24 Your Equifax Credit Score? Your Experian Credit Score? 640 Your TransUnion Credit Score? How many years have you been on file with Equifax? How many years have you been on file with Experian? 5 How many years have you been on file with TransUnion? YOUR PREVIOUS AUTOMOTIVE CREDIT HISTORY Do you have an open auto loan? Yes Will this open auto loan be a trade-in? Nope How many late pays within the last 12 months on the currently open loan? Nope How many late pays within the last 13-24 months on the currently open loan? Nope Your current open auto loan is financed with? Wachovia Dealer Services Your current open auto loan payment is? $311.00 ($11,189.00 left ) Estimated amount you may be upside down in this vehicle? What does this mean? Rate your payment history on this open auto loan from 1-10 (1=poor:10=Best) 10 YOUR REVOLVING CREDIT HISTORY Total number of revolving account(s) you have? 2 Total percentage utilized overall? I have a $450 CC limit and I have $35.00 on it How many of your revolving accounts are store cards? Nope How many of your revolving accounts are major credit cards? (i.e. Amex, MC, Visa) Nope How many of your revolving accounts are known subprime credit cards (i.e. Aspire, 1st Premier) I think this is what my Delaware Continental Finance Credit Card YOUR PERSONAL INFORMATION How long at your current residence? 3 years Do you Rent or have a Mortgage, or Live w/Relative or Other? Military Free Your Monthly Rent or Mortgage payment? Free How long have you held your current job? 3 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, or bank statements) Paycheck Stub Is there additional monthly income? What amount monthly? Nope YOUR DOWNPAYMENT Please tell me your exact down payment in cash? $5000.00 Does any credit repository contain any Public Record? NO Does any credit repository contain any Collection Account(s)? NO Please rate your overall creditworthiness on a scale of 1-10 (1=poor, 10= best) 10 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: 2006 Chevy 1500 Silverado for $15,650 Capital One Credit Card Open 07/01/2004 High Balance $852.00 (limit $500) Closed October 2005 Paid in full past due 150 days (lost job) Citi Bank Credit Card Open 10/01/2003 High Balance $589.00 (limit $300) Closed Paid satisfactorily August 2005 (lost Job) First Bank Of Delaware Credit Card Open 10/01/2007 Balance $35.00 (limit $450) Current December 2008 NEVER LATE USAA Federal Savings Auto Loan Open 11/1/2006 $6,000 Terms 36 months Paid Satisfactorily Closed June 2007 NEVER LATE (Deployment Money Quick Payoff) Wachovia Dealer Services Auto Loan Open 8/01/2007 ($15,000) Terms 60 months Current Balance $10,896 December 2008 NEVER LATE Credit Inquires 2 inquires 10/2/2007 7 inquires Between August 20th - 22nd 2007 1 inquire 8/3/2007

umm ok well should i try to get a loan with my bank by my self or go with a cosignor I figured since it will only be a 10,000 loan I could get it with a 640 credit score

well i am worried about trying to get this $10,000 loan i only have a 640 score with little credit history from a car loan I have made payments on for the past year and a half all on time and only one credit card open for a year and a half all payments made on time. Should I even try to get it on my own or go with a cosigner at my bank USAA.

I have vehicle that I owe $11,198 and I need to buying a second vehicle for $15,000 putting $5,000 cash down. My question is should I try to get a loan for $10,000 with my bank (USAA) or just print out my own Credit Score paper work (insted of having dealers run it) and go to dealerships and see what I can get (650 credit score current) appreciate everyones help thanks

Hello everyone well I really dont know where to start but pretty much I just want to know if you think my credit score seems right. I have USAA banking since I am in the military and i used that Credit Check Monitoring they provide for $5.00 a month. Here is my history Capital One Credit Card Open 07/01/2004 High Balance $852.00 (limit $500) Closed October 2005 Paid in full past due 150 days (lost job) Citi Bank Credit Card Open 10/01/2003 High Balance $589.00 (limit $300) Closed Paid satisfactorily August 2005 (lost Job) First Bank Of Delaware Credit Card Open 10/01/2007 Balance $65.00 (limit $450) Current December 2008 NEVER LATE USAA Federal Savings Auto Loan Open 11/1/2006 Terms 36 months Paid Satisfactorily Closed June 2007 NEVER LATE (Deployment Money Quick Payoff) Wachovia Dealer Services Auto Loan Open 8/01/2007 ($15,000) Terms 60 months Current Balance $10,896 December 2008 NEVER LATE Credit Inquires Me being dumb and young 2 inquires 10/2/2007 7 inquires Between August 20th - 22nd 2007 1 inquire 8/3/2007 The highest my credit score has been this year was 640 lowest 610 only looking at Experian so does this seem right? Appreciate everyones advice THANK YOU

never mind could you just please delet this thread thank you

yeah if you feel i would get more replys on what i should do in this situation