Posts Tagged ‘blog’
Credit Score Point System
April 19th, 2011
Question: New SSN, New Job, H1B Visa. Car loan possible?
I'm on H1B work visa and started working Oct 1st. Received my SSN card 3 weeks ago, so I'm very fresh and obviously don't have any credit at all.
I checked my experian report -just in case - and saw that the "secured" credit card that I got from Bank of America in 2008 is in the system, but doesn't show anything except that. No score, no number, nothing...
Based on that, I'm looking at a $15,000 car from a private party. I am willing to put $7-8k as down payment and want to finance the remaining.
Do I have any chance to get a car loan?
I am working full time for a month now and my annual salary is $54,000. I have paystubs etc. but no Credit Score/point.
Where to go? Where to ask?
If I go to bank of america and explain the situation, do I have a chance to get a $8,000 car loan?
Any kind of help is appreciated.
Answer: Financed cars is more expensive to insurance cause it requires full coverage. You can compare how much you would pay for full coverage of this car using this tool - carinsurance.yoll.net
How To Understand a Credit Card Point System
Posted in Credit Score | 
Tags: blog, blogger, Credit Score, credit score point system, digg, news, score point, web2.0 | 
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Credit Score Job Search
March 13th, 2011
Question: Will I qualify for an auto loan?
I have recently relocated and have yet to search for a job. I have no current income, but good consistent employment aside from time off relocating. My Credit Score is 762, but I am only 21 with little credit depth. My dad has offered to co-sign for me who has a steady income and good credit. I am looking to get a loan for about $20,000 putting $2,000 down. Will I qualify and what would my rate be?
Answer: You have a great Credit Score and are making a nice down payment. Chances are you wont need a cosigner, but then again that might depend on your income. You will definately qualify for the lowest interest rate available.
How Your Credit Score Affects Your Job Search from FreeScore.com
Posted in Credit Score |
Tags: blog, credit, Credit Score, credit score job search, entrepreneur, job, job search, reference |
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Credit Score Loan Approval
March 12th, 2011
Question: Auto Loan | Score 678--auto loan approval?
Im currently applying for auto loans. Ive submitted about two applications so far. My only concern is my Credit Score is 678, I have a credit card balance close to the limit, and by debt ratio is low. Do u think these factors will seriously impair my chances of getting approved? Thanks in advance
Answer: Financed cars is more expensive to insurance cause it requires full coverage. You can compare how much you would pay for full coverage of this car using this tool - carquotes.sinfree.net
Immediate Approval Personal Loan Get A Loan Approved Instantly!
Posted in Loans |
Tags: approval, blog, car, credit, Credit Score, credit score loan approval, credit_score_report, loan approval |
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