What do loan officers look for on a auto loan?
Sunday, April 11th, 2010 at
11:21
FACTS-
Credit Score 650-670 -credit stolen and agencies working on repairing it
Income- 36K+
Inquires-10 Levitra buy cheap and that's due to starting up business!!
Need- auto loan for 10+ for new car for my bus.
Debt to Income- I make 3000+ a month my debt is only 1000 a month.
Credit cards- i have 4 highest balance 750
Auto loan current- 3000
Credit length 1yr 5 months due to a credit card. I know 30% rule so i'm getting them down to that first and then by october hoping to buy a newly used vehicle for my business.
Total debt currently 4750 that's it.
Can i purchase a car with these facts?
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US $3,505.00





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