Credit Application:
Your Age? 27
Your Equifax Credit Score? 540-560
Your Experian Credit Score? 540-560
Your TransUnion Credit Score? 540-560
How many years have you been on file with Equifax? 9
How many years have you been on file with Experian? 9
How many years have you been on file with TransUnion? 9
YOUR PREVIOUS AUTOMOTIVE CREDIT HISTORY
Do you have an open auto loan? Yes
Will this open auto loan be a trade-in? Yes
How many late pays within the last 12 months on the currently open loan? None.
How many late pays within the last 13-24 months on the currently open loan? None.
Your current open auto loan is financed with? CPS (yuck)
Your current open auto loan payment is? $490
Estimated amount you may be upside down in this vehicle? $2000
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? 0-10% (paid off monthly)
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) 2
How many of your revolving accounts are known subprime credit cards (i.e. Aspire, 1st Premier) 1 "Orchard Bank"
YOUR PERSONAL INFORMATION
How long at your current residence? 1yr
Do you Rent or have a Mortgage, or Live w/Relative or Other? Rent
Your Monthly Rent or Mortgage payment? $1250
How long have you held your current job? 1yr (7yrs in same profession)
Your total provable monthly gross income is? $6666
Your provable monthly gross income is provable via what method? (i.e. computerized paycheck stub, or tax return, or bank statements) All of the above.
Is there additional monthly income? What amount monthly? None.
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.) As little as possible, up to $2500.
Does any credit repository contain any Public Record? Yes.
If yes, please very briefly describe. 1 CRA reports lawsuit from Capital One for CC $1000 Chargeoff in 2004.
Does any credit repository contain any Collection Account(s)?
If yes, please very briefly describe. 3-4 Collection Accounts, 2 charge-off CC's about $1000/ea, and 1 utility, 1 school.
Please rate your overall creditworthiness on a scale of 1-10 (1=poor, 10= best) Today, I am 8, 9. Very serious about rebuilding.
Please rate your Installment credit history on a scale of 1-10 (1=poor, 10=best) 7. 2 auto loans since 2001, no lates in last 3 years, 1 60-day-laet in 2004 on prev. loan.
Please rate your Revolving credit history on a scale of 1-10 (1=poor, 10=best) 3. Spotless history for 16 months, spotted history prior.
New or Used vehicle you are considering: Please very briefly describe.
Nothing in mind, just looking to get out from this murderous interest rate. Would prefer a new, entry-level luxury, BMW, Volvo, etc.