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dbwCredit

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  1. APPROVING BANK JP Morgan Chase BUREAU PULLED Transunion CREDIT SCORE 650 CUSTOMER STATE OF RESIDENCE Missouri NEW/USED CPO YEAR OF VEHICLE 2011 MILEAGE 41k RETAIL/LEASE Retail AMOUNT OF LOAN 26k ADVANCE PERCENTAGE ? TERM CONTRACTED 72 Months APR/LEASE RATE 6.1 MONTHLY PAYMENT $420 MISCELLANEOUS COMMENTARY: Zero Down, Gap Protection, Disabled Veteran, Applied through Chase Auto Loans Online
  2. Ohhhhhhhhhhhhhhhhhh okay. :-) Thanks Marv. I appreciate it. Ah hah! Soooooooo, the computer liked the numbers better than the person or vice-versa. Makes sense. dbw
  3. Oh okay.................... thanks. So it has to do with how they presented the loan to Chase. I see. I thought maybe they were just raising the rate and telling us something different because I read online that dealers will tell you different rates because they make money off of that. (Unscrupulous dealers ..) Thanks! dbw
  4. Right. Permitted dealership to see if they could do better. Then dealership said they could only get 11%. That was crazy. Said, "Wow? Even from Chase?' They said, "Oh yes, we tried Chase too. Could not get better than 11%." Seems crooked. Went home with vehicle though while he said he would "try to get a lower percentage rate." The dealership was already open 1.5 hours late trying to close this. Talked to Chase when we got home and Chase said, "Oh no it is 5.9% pre-approved." It was all very strange and late at night. Talked to Chase again today too. Chase said just to have them fax them the purchase agreement and provided fax number. Just thought he was being fishy. dbw
  5. Exactly. Chase approved on a direct basis. Did the online chase auto loan application. Then to be sure, called them again last night. Chase said just to have the dealer fax them the purchase agreement. Called dealership again this morning and they said they do not know what Chase is talking about because "their guy" could not get anything but 11% from Chase. Strange.
  6. Hi Marv: This is continuation of earlier thread..sort of. Hope it doesn't get on your nerves. Chase had approved the car loan but had the dealer run the credit anyway to see if he could beat the 5.9% rate. The dealer said he could not find anyone to beat it and he could only get 11%, even from Chase (Chase pre-approved for 5.9%). Was the dealer just trying to rip off innocent people? I mean man. This is a big dealership in town and they seemed honorable. Maybe not? dbw
  7. Ohhhhhhhhhhhhhhhhhhh.............................................. Thanks! dbw
  8. Hi: I thought though that unless the credit union puts it incorrectly though that auto loan credit inquiries all are bunched up as one. Hmm.... What does fwiw mean? Okay BRBiz, I am working on the business stuff this morning since I am not doing anything. Filling out the Navy Federal Business Account application to start. Hopefully, after that, can apply for Business Credit Card eventually. The business has remained very low key. There is an EIN, but there is like no credit associated with that EIN. I went on the Experian website. So does one really have to pay the $8.00 to purchase the EIN credit report thing? Is there any way to get it free? I plan to look on your forum. Thanks. dbw
  9. BRBiz: Yes, I was reading some of your stuff last night and I think that is a great idea to get started. Thanks so much. MarvBear: Thanks you rock. For "fun" *cough*, I applied for a Chase Auto loan last night. This morning it said that he was approved for $23,000.00 at 5.6%. I think that is a great start. I am wondering if either Navy Federal or USAA or DCU would give HIM a loan. Thanks you guys. dbw
  10. Hi: The business is an LLC. But no, there is no business credit. :-( dbw
  11. Oh okay - thanks. :-) Well in this case, the business in itself has been in business for over 25 years. LOTS of tax records for them to peruse. :-) dbw
  12. I am wondering: as main applicant, do I just put his employment as disability and his little 2100/month income? Thanks. dbw
  13. Ahhh that makes sense. So self-employed is bad? You know, NFCU said there was "Unverifiable income" even though self-employed was reported. Sad. I was told they would all count as one. I hope everyone could decipher it upon review. Thanks! dbw

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