I've searched and want to make sure I am reading it right..
Marvbear quote
"Two kinds of lenders out there. rate is based off of your score. First person on application is the one it scores from. Approval is a different matter. This is true for most bank and CU's who are primarily score driven."

I posted DH's info last night, his credit good, mine so-so. If we go through either GMAC or Navy Federal and his name is first, they will only pull his credit... is that correct?
Another question- generally, will GMAC finance 2 cars at same time, 1st loan will be done in one year.

I think what Marv was saying is that if the loan is approved, the first applicant's score will determine the APR same as if if he were a single buyer. But if the other applicant has really bad credit they may not approve it at all. So they do check both credit scores but the first one is more important.

At least that's how I read it.

The person with the best credit/score combination should always be the first person on the application.

The system will score the deal off of the first applicant.

But in the case of a joint application the second person's credit may be scrutinized just as much as the first persons. If the second person's credit situation is sufficiently bad, they may be asked to leave the application.

Good credit normally does not offset bad credit in a joint applicant situation.

This is exactly how we bought our truck yesterday. My scores are over 100 points higher than DH's, so my name went first. Because I'm self-employed, they decided they couldn't use my income (no W2), so they worked strictly off of DH's income. No sweat!

my fiance and I bought a car a week ago, his name went first and he has supposedly excellent credit, mine is well not so good. They said Dan's was high 600's mine are low 600's. He has 0 derogs on his CR I have several. He is young though only 23, so not alot of history. He had an auto loan showing on his CR.. I didnt. We got 0 down, no trade. but the interest rate is 14.99 which sucks but we will refinance it soon hopefully. The loan is through WFS for 4 1/2 years, so thats a lot of interest. I expected it to be lower because of his CR but I guess mine was so bad they jacked it up!!

edited to add - no income verification at all, YET!