Jump to content

Search the Community

Showing results for tags 'auto loan'.

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • Intro & News
    • Please Read Before Posting - NEWBIES START HERE
    • CB gets Press!
    • CreditBoards Success Stories
    • Newbies Section
  • Creditboards Main Forums
    • Credit Forum
    • Medical Billing & Medical Collections
    • Bankruptcy
    • Foreclosures/Loan Modifications
    • Chexsystems Help
    • Debt Consolidation, Counseling and Management
    • Military Credit
    • Canadian Credit
  • Financing
    • Mortgages
    • Automotive Financing
    • Student Loans
    • Business Credit
  • Money Management
    • Money Management
  • Special Topics
    • VISA MC policies
  • Resources
    • Laws Laws Laws
    • Where can I Find?
    • CaseLaw
    • State Laws
    • Debt Collector Hall of Shame
    • Identity Theft
    • CreditPulls Database
    • Databases and Reference
    • Sample Letters
  • Misc.
    • General Discussion

Find results in...

Find results that contain...


Date Created

  • Start

    End


Last Updated

  • Start

    End


Filter by number of...

Joined

  • Start

    End


Group


Website URL


ICQ


Jabber


Skype


Location


Interests

Found 25 results

  1. In 12/2011, I received an auto loan from Santander. Long story short, the dealership falsified documents to get me the loan. After speaking with a friend, I decided to get another car and got approved for another auto loan with Honda Financial with a lower payment, which I have made all my payments on time. I later received claim documents from my insurance company at the time about an accident on 5/22/2013, that I know never took place. I called my insurance company and they told me Santander filed the claim. I called Santander, and found out Santander for some reason, called my insurance
  2. I assumed that I would have to go through a subprime lender but I applied through Chase anyway. I was approved for a loan of up to $17,000 for 60 months at 8.29%. I'm shocked by the interest rate. A dealer that I went through told me that the best he could offer me was a loan at 25%.
  3. I pulled a 3-in-1 credit report provided by Experian. I can't believe it! Citi Auto keeps moving back the dates on my loan so it will never fall off my credit! The truck I bought was charged off and repossessed. My best guess is that I stopped paying around 2005, it was charged off in 2006, and was repossessed in 2009. I *think* that the history is based on the last payment I made in 2005 or the charge-off in 2006. I don't have any of the paperwork on the truck or a payment register. As far as I can tell, Citi Auto and CitiFinancial Auto are the same company. Whatever the name, t
  4. I applied for financing through a dealer. The rate offered through their main bank was worse than my current loan. I declined the offer and arranged financing through my CU at a much lower interest rate. A few weeks later I received a letter in the mail from the bank through the dealer telling me "we are unable to approve your request", and goes on to list the reasons why. So, my question is, are banks required to send this notice by law regardless of why the loan was not carried forward? Just seemed to me that the letter is indicating that I wasn't credit worthy, when I really am,
  5. I would like to know if anyone knows if DCU will pull TU for an auto loan if the EQ report is frozen or will they request to have the EQ unfrozen?
  6. The used car market is very agressive here and cars are moving very fast. I have a few cars I like at a dealership but I have to go through all the approval process etc. If in deed I get approved and they don't have any cars I want to buy will another hard pull or inquiry at another dealer hurt my credit? It's very Likely I may have to go to a different dealer as this one dealer only has a few cars in my price range. However there is another dealer with many more cars in my price range. My scores aren't that great and I don't want to sink my score and ruin my chances of getting appr
  7. In need of purchasing a new car, quick question about revolving balances before I submit one of the ubiquitous "App for Marv". I have 3 revolving major credit cards ($2000, $1000 secured, $600 limits) and 2 revolving store cards (charge accounts, $5500 and $800 limits). I vary between 10-30% credit usage on my revolving lines. No other loans, a number of baddies. My question: if I pay off all my consumer credit / revolving credit balances off immediately, will the 0% credit usage have a positive effect on my auto loan application in ~1-2 months? Or do lenders care more about average cr
  8. So, I was brave and asked DCU for a CLI on my credit card, Knowing it would be a hard on EQ... Well, to my surprise, they hit TU as well, and TRIED to hit EX. When I was talking to the LO, It didn't dawn on me at the time that she mentioned my freeze on EX, and she also mentioned that I judgements in one place and not the other... IN any case. moral of the story, DCU might pull all three.
  9. I'm looking to make a purchase down the road a bit (maybe mid summer/early fall?) but likely something inexpensive that I can pay off rather quickly to build some more credit. The plan is to then buy something newer, maybe even an off lease certified vehicle after that, hopefully at a better rate. I have the BK, 4 satisfied tax liens, 3 of which fall off by fall I think. The biggest headache is the child support lien, which has been getting paid for years. Balance is about 6K. The payments end 8/2015. I also have 2 small student loans in forebearance til 2/2015, total of 5500.00 Gr
  10. Hey every body i need help! When i was 19 years old, I decided to take a car loan out for my father who didn't have any credit. He told me the car was for him and that he was going to make every payment on time and that i have nothing to worry.So I went to the dealer and signed the papers for him. 3 years later, he has not made one single payment on it, every time i ask him where the car is, he would not give me the slightest clue to where it is. I've threatened him in every way to retrieve the car, and nothing seems to be working, and I have been called by every detective that have been
  11. I'm not even sure of where to start with this. It's very shameful, and I never thought I'd get to this point. The fact of the matter is, is that I'm beyond lost on what to do here. I moved to Arkansas a couple years ago, and when I did, my credit score was around 650- not great, but not really bad, either. I was proud that I didn't have bad credit. Now, it's below 500. I'm 18k in debt- from verizon wireless, at&t u-verse, student loans, a local property management group (still owe money on a lease), paypal credit line, capital one credit card, and a Dell credit line, and my au
  12. Hi, I just got an auto loan and CC with DCU. The auto loan rate is 2.99 percent, but DCU says the rate could be 1.99 percent if I direct deposit my entire paycheck with them. I initially said no but am now reconsidering, since the lower rate would represent a savings of about $700 over the life of the loan (although I hope to pay it off early). So I wanted to know if anyone uses DCU as primary bank and if so, how are they? How reliable is their bill pay? Auto pay? App? Website? Customer service? I'm a little leery because they were very disorganized when I was getting the loan closed -- docum
  13. I found that my auto loan trade lines for me and my DW were showing a high balance below the current balance and I believe this was negatively impacting our FICO scores due to high utilization on an installment loan. As a rule of thumb, you want your installment loans to be below 90% utilization for better FICO scores where utilization is the current balance divided by the original loan amount. With PenFed, we added on extended warrantee protection and the loans were reporting a high balance of the original car's principal balance, but the current balance was higher than this due to the a
  14. Hi everyone! Hope you all can help me out with this. To make a long story shorter I went through a very bad divorce. About 18 months ago I got approved for a car loan through Crescent Bank and Trust out of Louisiana. My interest is around 24% and I financed around $12k with $2k down. When I obtained the car loan my fico scores were in the upper 400's and thats where they still are currently as I am just starting to work on it. MY question is this: I know I am way upside in my car more than likely for only having it a short time but do you think I could trade it in and get more of a c
  15. Wow. DCU just made me do a happy dance! I am trying to rebuild my credit and with a thin file – a 3-year-old car loan and 2-month-old Cap 1 secured CC with $350 limit and I knew I had to get other positive TLs, but I have an IRS lien on my report that was paid in 2012 and I've been was denied for two CC apps last year (Discover and Barclays). I have been working to get rid of all baddies (medical), and now with an EQ Fico of 679, I decided to try DCU for a cc. I called up today and talked to a pleasant woman who asked me what limit I’d like. I decided to shoot for the moon and asked for $10K.
  16. Hi, guys, I’m currently in a 2006 Honda and I’m looking to upgrade. It’s worth about $9K KBB book value (if private sale) and I still owe $5K on it. My credit file is thin. My EX FAKO is 697, one 6 year old paid civil judgment, one secured credit card reporting for the last two months, one potential medical collection and my car loan of 2.5 years. I got it when I had no credit score whatsoever, so the rate is a deadly 17 percent. I have a CA lurking regarding a medical collection that was on my report (but luckily it was removed in dispute) that will be permanently barred from re-reporting i
  17. I've been lurking on the forums for a little while now and thanks to the wealth of knowledge available here, I've been able to re-establish positive credit. I think I've gotten a decent grasp on basic credit issues as it relates to credit cards and mortgages, but I cannot for the life of me understand automotive financing. It's the last frontier and I'm unable to conquer it. Here's the story... One year ago I filed Chapter 7. Since then I've been able to remove most baddies leaving only 2 paid state tax liens from 2007-08 and one IIB deposit account (currently showing $0 - discharge balanc
  18. augie

    DCU Rocks

    DCU Rocks! I just joined this morning and applied for their Platinum VISA and got approved for $4,000! Exactly what I told them I was considering. I was also offered a refi on my curent vehicle @ 5.49% for 60+ months. I think I will take them up on the offer since Cap one Autoloan is much higher. These were very nice people to deal with and made the experince great. Anyone know about their CLI 's or if their automatic as well?
  19. Hello, First off I'm glad I found this site. I've been at my job for about 2months now. And I'm earning a steady income. I've been thinking of purchasing a new car (2011) or (2012). Depends if I get a good APR% and my loans stay between 300-400. What would ve the first step. My credit score is about 540-560 on all three Credit Bureaus. I know what car I want, and I know how much it costs. (Advertised price only) Can ve lower through the power of negotiation. Hopefully someone can really help me out. Thanks in advance.
  20. My Age: 28 Your Equifax Credit Score? 711 fico Your Experian Credit Score? 719 usaa Your TransUnion Credit Score? 691 fico How many years have you been on file with Equifax? 1.2 How many years have you been on file with Experian? 1.2 How many years have you been on file with TransUnion? 1.2 YOUR PREVIOUS AUTOMOTIVE CREDIT HISTORY Do you have an open auto loan? yes Will this open auto loan be a trade-in? doubt it How many late pays within the last 12 months on the currently open loan? 0 How many late pays within the last 13-24 months on the currently open loan? 0 Your current o
  21. Hey all, I have been lurking for short while and have just recently jumped into the wonderful world of credit repair. While reviewing both DW and my own reports, I noticed that a vehicle loan through DT Credit Corp, (DriveTime) shows as pays as agreed and is current although it also lists as a voluntary repossession. We turned the car in voluntarily in 2010 and have never made a payment so not sure why it is listed as such. Anyone else have similar situations? essentially it is being reported as positive credit, no lates but that is way false. How should I approach this if at all?
  22. I just bought a used car from a dealership. They "worked" with banks to help get me financed. I was approved by Chase, signed a contract with Chase including terms and even received my payment vouchers in the mail shortly after. Now 3 weeks after purchase I get a letter from Chase stating my loan has been denied due to "Number of loan repayment months exceed term allowed for transaction".....whatever this means. I have a 60 month loan. They gave me a counter offer for $700 less, but still at 60 months and I must contact dealership in 10 days to accept. I read the back of my contract with
  23. I just bought a used car from a dealership. They "worked" with banks to help get me financed. I was approved by Chase, signed a contract with Chase including terms and even received my payment vouchers in the mail shortly after. Now 3 weeks after purchase I get a letter from Chase stating my loan has been denied due to "Number of loan repayment months exceed term allowed for transaction".....whatever this means. I have a 60 month loan. They gave me a counter offer for $700 less, but still at 60 months and I must contact dealership in 10 days to accept. I read the back of my contract with
  24. Okay here's my deal. I applied for an auto loan with carfinance.com I got approved for up to 26K. They verified my income, employment and SSN... A couple days after my approved I called CarFinance to see what was the hold up and what was taking so long, the account manager said that they only needed references to give me the activation code for the loan check. So I gave her the references and she finally approved my loan and gave me the approval number to place on the check. She then gave me instructions on how I use the blank check they gave me.... I already had a car in mind (i had been
  25. Should i buy a car or lease one while i'm in the process of looking for a new home (new home loan/morgage)
×
×
  • Create New...

Important Information

Guidelines