Jump to content

Please consider disabling your adblocker for CreditBoards if you have not already done so.  This site depends on advertising revenue to stay online.


cryix47

Members
  • Content Count

    794
  • Joined

  • Last visited

Recent Profile Visitors

259 profile views
  1. Most of the negotiation for the vehicle was done over the phone. I told the general manager that I wouldn't take the car because of overall expens of the vehicle. The next day they told me to call back for great news. They apparently had a long discussion with the lender lol. The payments would not be $296 due to a lower interest rate achieved by the so called discussion. The internet price of the vehicle is 16,248 but somehow the OTD price is 18k. It sounds shady.
  2. I applied for a loan for a 2017 Mazda6 with 17k miles at a Mazda dealership. The F&I manager said I was approved through the captive Mazda Cap/TMC with a 6500 down payment and payments of $320/72mo. I'm on the edge about the deal because the bank is far better to deal with than Credit Acceptance or Exeter, but the down payment is very large and payments are high. The total amount financed would be 12k. I received a text last night asking if I could put more down. It was 5000 initially, then I was asked to do 6000 then 6500 now 6550 What game are they playing? Did F&I call Mazda for a finance favor?
  3. I'm in the same situation. I had a charge off from 2016 that's due to fall off 2023. I've been disputing the Santander account every month, but this time I've been leaving a note in the explanation note about the lawsuit in the explanation box of the dispute. Hopefully it will be deleted.
  4. Samsung Pay is superior to Google Pay. They both operate from NFC, but Samsung has the capability to pay with MST in the even you encounter an old terminal or gas pump, that does not have NFC capability. The MST technology will mimic the actual physical card. You place the top left of the phone near the card reader. LG is the only other manufacturer that has a feature similar to MST. https://www.lg.com/us/lg-pay
  5. I recently found a used car that isn't ready to be sold. The dealership website says "Coming soon" The dealership is a place that specializes in Bad Credit with ads that offer financing with just $800 per month gross income. The reviews about the dealership are great on Dealer Rater, so I'm not overly concerned about having a bad experience. I went to the dealership to get paperwork done today, but for some reason the vehicle that I want isn't ready to be sold. I was given the time frame of one week by the sales person. Is this normal? They just added the vehicle to their inventory 2 days ago. It's a 2017 Mazda3.... Would inspection be time consuming? There was a back and fourth between the sales person and a manager. She asked several times about having the car prepped for delivery. It seems strange.
  6. If the vehicles flooded the market it would be better for me when it comes to brands like Mazda, and Honda. Neither does fleet sales. It would also dilute the inventory of cars with manual transmission. Manual vehicles seem to sell faster than auto cars because they're harder to find.
  7. It's the reality of things....... Would you want to obscure the situation by sugar coating? The market will be great for those in need of vehicle like myself, but it remains to be seen what happens with the market now that 10% of all mortgages are in forbearance.
  8. https://www.cbs17.com/news/national-news/rental-car-companies-struggling-amid-pandemic-expected-to-sell-vehicles-at-huge-discounts/
  9. I kind of want to pull the trigger and buy a vehicle with the unemployment that I've saved, but the feelings of uncertainty have me on edge about it. There's supposedly another stimulus package in the works but it's uncertain if the extra $600 per week will be extended. I'm in the fine dinning service industry, which doesn't look like it'll spring back rapidly. There's also the uncertainty about used car prices. They could fall, or stay the same.
  10. Marv dont you feel like there's going to be a used car apocalypse in the coming weeks/months? Too much inventory and not enough demand.
  11. I've been looking at getting a 2015-2017 used vehicle, but the pricing seems to be fluctuating across different makes and models by several grand. The recent new of Hertz filing for Chapter 11 puts further strain on the market. I've been banking my unemployment to buy a vehicle, but it remains to be seen when would time to make such a purchase. Will prices tank even further? How long should I continue to wait?
  12. Your Age 36 Your Equifax Credit Score: 545 Your Experian Credit Score: 543 Your TransUnion Credit Score: 535 How long have you been on file with the CRA? 18 years Previous Automotive Credit History: Yes 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? None Number of late pays within the last 13-24 months on the currently open loan? None I have read and understand the original pinned "No Credit Check Required" topic. Revolving Credit History: Total number of revolving accounts? 4 Total percent utilization overall? 80% Your Information: How long at residence? 2 years Rent/Homeowner/Live with relative? Rent How long at current job? 1 year Total Provable MONTHLY GROSS INCOME? Provable via computerized paystub or what method? $3500 per month Your Downpayment in CASH: $4000 can do more Does any credit repository contain any Collection Account(s) If so, please describe. Santander Auto C/O circa 2016 New or Used Vehicle you are considering; please describe: Used Rav4 $18500 P.S. I have a reputable dealership working on a possible loan, but am uncertain what the F&I manager is doing. Ive had multiple inquires from Ally and Capital One on different days. Why on different days? There's also an inquiry from Exeter Finance. Seems F&I is trying hard for Ally or Capital One. Was told I can never get a loan from Santander because of the charge off circa 2016. Thoughts?
  13. If, in fact you were approved by American Honda Finance, then you will not receive a declination letter, nor a notice of adverse action. Still nothing and it's been from the 29th till 1/19 no adverse letter from Honda.

About Us

Since 2003, creditboards.com has helped thousands of people repair their credit, force abusive collection agents to follow the law, ensure proper reporting by credit reporting agencies, and provided financial education to help avoid the pitfalls that can lead to negative tradelines.
×
×
  • Create New...

Important Information

Guidelines