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PoorGirl

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  1. Not including the BHPH dealers, are there many poor/fair credit lenders who make it impossible or difficult to pay off early? I will have help and we will read everything carefully, but I'm worried that they could make some of the terms more cryptic.
  2. Too bad I didn't get closer to my aunt!
  3. Yeah, I definitely had multiple files a few years ago. I don't know the status anymore, which is why I didn't mention this at first. Because I wonder if everything on that file got so old that the entire older file was deleted, suppressed, or similar. Given what you said about old accounts, I guess that is probably the case. It used to be that I could request a free CR of the older files (pre-marriage name), but now their automated system doesn't allow it.
  4. I know that. But right now I was just wondering if this one action would give me only a tiny boost or potentially a good amount (which I said, in my opinion, is like 15 points). Because I'm planning to apply for something this week or shortly after. It's not a big deal though, because I just learned that my score went down for another reason, so there's not much I can do right away.
  5. I was hoping to quickly get my one of my scores to the 660 line, or a bit higher. But my highest score (which was 648) seems to have dropped now, even though my utilization is lower and I got something deleted. So I guess I'm stuck in that range.
  6. Well I think the bureaus already have years of it reporting, it's just a split file. I'm not sure though, I don't think it would be as easy as asking them to look up the other file. Maybe for one bureau. Hm. But average is only like 8 years and when I open more, average really tanks.
  7. Is it ok to purchase from a BHPH lot if I'm paying cash and checking CarFax and AutoCheck? Are there ways they still try to cheat me? I know that sometimes issues don't show up on CF/AC, but the lot isn't necessarily any worse than the other used lots? Or is it?
  8. Thanks, that's a lot I didn't know. It seems like many BHPH will say that there's no prepayment penalties, etc, but I guess that there will always be something. And I don't care if I had to make payments a little early, but that makes sense that there could be other very frustrating glitches. I understand that in general the local banks (and especially CUs) are best. However, it seems like not an option for me because I've been using a branch of a big chain bank. Unfortunately. And I think they would be very picky.
  9. Thanks for your help. Thanks for all the info!
  10. Thank you for saving me time.
  11. Yeah, that would be smart. But if I can only get a loan for a dealership sedan, then I don't think I'll get a car loan at all.
  12. Cut 'n Paste from here down. Credit Application: Your Age: 42 Your Equifax Credit Score: 603 (EQ: 620, EQ FICO Auto 8: 603, EQ FICO Auto 5: 621) Your Experian Credit Score: 605 Your TransUnion Credit Score: 648 How long have you been on file with the CRA?s? 14 yrs Previous Automotive Credit History: Do you have an open auto loan? No. Will this loan be a trade-in? No. Number of late pays within the last 12 months on the currently open loan? N/A Number of late pays within the last 13-24 months on the currently open loan? N/A Current open auto loan is financed with? N/A 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 (10=BEST) N/A I have read and understand the original pinned "No Credit Check Required" topic. Yes Revolving Credit History: Total number of revolving accounts? 3 Total percent utilization overall? 7% Your Information: How long at residence? 3 years Rent/Homeowner/Live with relative? Rent How long at current job? Contract work has been steady for over 3 years. SS income has been steady for over 3 years. Total Provable MONTHLY GROSS INCOME? $1463 Provable via computerized paystub or what method? Social security benefit letter. 1099 for 2018. Printout of PayPal payments for 2019. Your Downpayment in CASH: 10% of total ($650-$1000) Rebates not considered; Trade Equity not considered: CASH ONLY PLEASE INPUT. Does any credit repository contain any Public Record? No Is so, please describe. Does any credit repository contain any Collection Account(s)? No. (Well, EQ has a closed one.) If so, please describe. New or Used Vehicle you are considering; please describe: Used SUV. Interested in whatever is the oldest / highest miles the lender allows because I want to keep the total loan amount down below $7-8K if possible, but I guess it may have to be $9-10K. (I'm not sure that I want whichever loan has the best interest rate. A private party loan seems best. Also seems so much better to have a loan preapproved before I see cars.) Your creditworthiness on a scale of 1-10 with 10 being the best: OVERALL credit: Installment Credit History: 1.5 Revolving Credit History: 6.5
  13. Well that's great to hear. Online I have been seeing a lot of this like "Auto Credit Express, you must be employed full-time or have a guaranteed fixed income of at least $1,500 a month" and those are the places that charge such high interest. Yes it is SSDI.
  14. But I was just told that CUs won't lend for vehicles with that many miles, etc.... twice...
  15. I see. Well, I guess I'll cross out the franchise dealerships. I feel like if I repost the app without certain details, the answer won't matter to me. For example, if I just say my total income but don't say that the majority is non-garnishable, I could get "approved" but then in real life, get denied. I'm told that very few lenders take non-garnishable income, especially if it's under $1500/$1350. Also I wasn't sure if grossing up by 25% was okay or just 20%, for example. (I see a pinned topic about calculating your income but the spreadsheet download isn't working for me.) I'll have to think about getting a sedan for now, but it's such a pain. I'd just be selling it off as soon as possible, but I feel like it's hard to afford the SUV when I have money tied up / already have a loan.

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