How positive are you about getting your loan approved. - Page 2 - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

Bryan2230 · 05-07-2009, 12:59 AM

My Credit Score is 784. I hope i dont have a problem.

jeffny09 · 05-07-2009, 01:01 AM

Quote:

Originally Posted by trudawg660

i had a 730 but that credit inquiry hurt a lot almost 7 damn points.

well i hope it doesnt hurt me man
did u get approved atleast?

ravensjeff · 05-07-2009, 01:52 AM

Cash deal= no loan problems. And no, I ain't rich, just plan well.

trudawg660 · 05-07-2009, 06:25 AM

Quote:

Originally Posted by jeffny09

well i hope it doesnt hurt me man
did u get approved atleast?

yes i did get approved

trudawg660 · 05-07-2009, 06:28 AM

Quote:

Originally Posted by MontyCarlo

USAA offered me 5.99%. I got an offer of 4.99% from my own credit union, so it looks like this is one time USAA's not my wallet's best option.

i had the same problem i got 5.24 from USAA but i could of got 3.99 from Prefed but i rather stay with USAA. i got a 60 month loan but i plan on paying it off in 3 years. I deploy soon

2SSJIM · 05-07-2009, 06:32 AM

100% sure!

theshadow1234 · 05-07-2009, 08:41 AM

Im 100% Financed already through my local credit union 5.25%. Plan on putting 7-8K down to bring my payments around $550-575. for 60 months.

Should be good to go.

Iwantone2 · 05-07-2009, 11:17 AM

Quote:

Originally Posted by trudawg660

i had/have credit card debt but i kinda played the system. i have two USAA credit cards. one had a balance of like 3000 and the other have like 1500. well when it came around the time for my statement for one i did a cash advance from one of my cards to my bank account and paid off the other credit card . and did the same with the other card when the statement was due. just moving my debt around so the credit agencies couldn't see it. so i ended up with 4500 on one card and the other card was at 0.

Right now, right now, I have $4700 on one and I have $400 on another (hey it's better than it was back in October, $14,000 combined!!!

). For sure I'll pay both of these of in July.

Quote:

Originally Posted by babyjulie83

A credit score of 711 isn't bad....why do you think you won't be approved for a loan, because you have credit card debt? Other items are taken into consideration besides your credit score....such as annual income, recent late payments, debt to income ratio.

I'm worried about getting approved but we shall see.....once I get a VIN# i'll start shopping around.

Mostly yes, b/c of dumb cc debt. But also, my credit doesn't really extend past credit cards. I have never had a car or home loan before so I think that may affect me negatively as well.

Either way, I think I'll have my pop co-sign. Thanks everybody!!!

LnLSS · 05-07-2009, 11:58 AM

Got 0% interest in 06 with GMAC and my credit has only improved since then so I am not worried one bit.

trudawg660 · 05-07-2009, 12:21 PM

Quote:

Originally Posted by LnLSS

Got 0% interest in 06 with GMAC and my credit has only improved since then so I am not worried one bit.

a lot has changed with credit since 06, market droping makes it harder to get money from banks.

DDustiNN · 05-07-2009, 12:46 PM

I'm wondering something... how long does it take for a credit check to negatively affect your score? I've heard that when you are loan-shopping at multiple places, you should pretty much do them all at the same time to avoid this. But how long do you have in between? Days? Weeks? A month? Just wondering if anyone knows...

I just don't want to get credit checks run too early and have a pre-approval expire before the car shows up, you know?

BLUEMARO · 05-07-2009, 12:51 PM

I am so positive I already have the check in hand.

trudawg660 · 05-07-2009, 12:58 PM

Quote:

Originally Posted by DDustiNN

I'm wondering something... how long does it take for a credit check to negatively affect your score? I've heard that when you are loan-shopping at multiple places, you should pretty much do them all at the same time to avoid this. But how long do you have in between? Days? Weeks? A month? Just wondering if anyone knows...

I just don't want to get credit checks run too early and have a pre-approval expire before the car shows up, you know?

Your credit is affected as soon as click the submit button. but it is true if you pull your credit a couple time around the same period they just affect your credit as one inquiry. but i don’t know what the time limit is.

Iwantone2 · 05-07-2009, 12:59 PM

Quote:

Originally Posted by DDustiNN

I'm wondering something... how long does it take for a credit check to negatively affect your score? I've heard that when you are loan-shopping at multiple places, you should pretty much do them all at the same time to avoid this. But how long do you have in between? Days? Weeks? A month? Just wondering if anyone knows...

I just don't want to get credit checks run too early and have a pre-approval expire before the car shows up, you know?

I was just thinking this as well last night and I know that somewhere somebody said that you can do multiple checks within two weeks. Don't quote me on that, I'll try to remember where the heck I heard this. Don't hold your breath though, my memory sucks

05-07-2009, 08:41 AM	#21
theshadow1234 Drives: Shelby GT500 Join Date: Apr 2009 Location: Pearland, TX Posts: 215	Im 100% Financed already through my local credit union 5.25%. Plan on putting 7-8K down to bring my payments around $550-575. for 60 months. Should be good to go. __________________ 09 Shelby GT500 (Stock)

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05-07-2009, 12:59 AM	#15
Bryan2230 Drives: 2014 Red Hot Camaro 2SS/RS Join Date: May 2009 Location: Saxonburg, PA Posts: 515	My Credit Score is 784. I hope i dont have a problem.

05-07-2009, 01:52 AM	#17
ravensjeff 100% Chevy & Harley Man Drives: 2010 2SS: Blown LSX 376-B15 Join Date: Feb 2009 Location: Eldersburg,MD Posts: 2,211 View My Garage	Cash deal= no loan problems. And no, I ain't rich, just plan well.

05-07-2009, 06:32 AM	#20
2SSJIM Drives: 2012 CRT ZL1 #1400 Join Date: Apr 2009 Location: AZ. Posts: 942	100% sure!

05-07-2009, 11:58 AM	#23
LnLSS Mid-Florida Camaro Club Drives: 2015 Red Hot ZL1 Join Date: Jul 2007 Location: Orlando Fla Posts: 2,581 View My Garage	Got 0% interest in 06 with GMAC and my credit has only improved since then so I am not worried one bit.

05-07-2009, 12:46 PM	#25
DDustiNN Drives: Cars Join Date: Feb 2009 Location: N/A Posts: 1,986	I'm wondering something... how long does it take for a credit check to negatively affect your score? I've heard that when you are loan-shopping at multiple places, you should pretty much do them all at the same time to avoid this. But how long do you have in between? Days? Weeks? A month? Just wondering if anyone knows... I just don't want to get credit checks run too early and have a pre-approval expire before the car shows up, you know?

05-07-2009, 12:51 PM	#26
BLUEMARO A Classical Greek Drives: DTS, Bonneville and an SS ! Join Date: Feb 2009 Location: Grand Blanc MI Posts: 226	I am so positive I already have the check in hand.