Looking to purchase a new car this year and I trying to some idea of what my interest rate may be.
Credit Application:
Your Age: 36
Your Equifax Credit Score: 641
Your Experian Credit Score: 531
Your TransUnion Credit Score: 658
How long have you been on file with the CRA?s? 19yrs
Previous Automotive Credit History: 2 loans w/ small town bank (no lates & no longer on reports)
Do you have an open auto loan? Yes (letting go with BK7)
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
Current open auto loan is financed with? E-Loan (Systems Service Technologies "SST")
Current open auto loan payment is? $388.34
Estimated amount you may be upside down in this vehicle? 0
Rate your payment history on this open auto loan from 1-10 (10=BEST)
Revolving Credit History:
Total number of revolving accounts? 2 depending on CRA
Total percent utilization overall? ~05-10%
Your Information:
How long at residence? 3 year
Rent/Homeowner/Live with relative? Own
How long at current job? 7 years
Total Provable MONTHLY GROSS INCOME? $4900
Provable via computerized paystub or what method? paystub
Your Downpayment in CASH: $1500
Does any credit repository contain any Public Record? Yes
CH 7 - No Asset BK (Jan/06 -- Discharged May/06)
Does any credit repository contain any Collection Account(s) No
New or Used Vehicle you are considering; please describe: New Toyota Forerunner or Scion
Your creditworthiness on a scale of 1-10 with 10 being the best:
OVERALL credit: 5
Installment Credit History: 8
Revolving Credit History:6
I have no lates in the last 3.5 years.