Car loan declined, excellent credit why?

Answers:2   |   LastUpdateAt:2012-09-29 09:38:02  

Asked at 2012-09-11 05:39:04
I applied for a car loan for $ 19k . I have excellent credit, but so-so debt / income (technical ) So I asked my dad to co - sign load. He has impeccable credit with excellent debt / income. We are still denied. What ? I'm frustrated because we both have excellent credit , but rejected yet. The car loan is not that big of a deal anyway, but not yet.
Answer1mrsweetlaehAnswered at 2012-09-13 05:15:05
You will not be rejected if your credit was excellent . Your debt -to-income ratio is a huge part of your overall credit score . If you are not online you do not have excellent credit . Technicality or not.
Answer2ammuAnswered at 2012-09-29 09:38:02
Credit is not great , or even both states MedlinePlus . MedlinePlus " but so-so debt / income (technical ) " MedlinePlus MedlinePlus See? MedlinePlus MedlinePlus Obviously , your income is not good , you may not have a stable job ... who knows , but his father is not buying the car, so it's not the focus here. MedlinePlus MedlinePlus I guess the best to reduce the size of your dream $ 19,000 .
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