Well the piece of shit car I was driving just lost its last leg, so for the past week I have been stuck without a ride. For those of you that pay attention I was planning on getting my car in March. It now looks like I have to get my car this weekend. I will have half my expected down payment, about half the expected credit I wanted to establish, half the time at my credit union I wanted to have, and I won't have a year in at my job like I wanted.

Basically, my chances of getting an Acura have just gone down the shithole. I will still try, but things are not looking good.

If any of you guys know what some of Acura's credit requirements are to get a good loan your help would be greatly appreciated.

Just wanted to vent some anger, thanks for listening or um reading, peace.

 

How about getting a real beater for a couple of hundred bucks in the meantime?

 

I am paying 12.1% on my note, but I had perhaps worse credit than you when i financed it. I got financed thru Acura, actually American Honda Motor Finance.

Here's where I was, maybe you should just try...

- less than 1 year at job
- own a credit card that my girlfriend got for me, I couldn't even qualify
- 4 'chargeoffs' that have been paid, but paid only about 1 month before buying my TL. These are bills that went to collection in the past couple years and I never paid them at al!
- a '97 Accord that I paid off in 2 years, but my Mom was a co-signer

That's how my credit was, and I put $4,500 down on the car and got approved. Payment = $580 for five years. Ouch!!!

Just try, you might be surprised...

------------------
'01 White Diamond Pearl 3.2TL
-Wing, tint, burlwood shift, Whistler 6-band
'88 White RX-7 Convertible
-Permanent tinitus courtesy of Rockford-Fosgate

 

Sorry to hear about your previous ride. Don't dealers give you time to shop around for other loans, after you settle on a car? Maybe it is up to the individual dealer.

but good luck.

------------------
'00 White Diamond Perl w/Nav
Wings West Spoiler
Comptech Exaust
Rear Comptech Sway bar

 

Hey don't worry, things could be worse, I mean worse. Like having your brother crash your brand new 2001 TL after you got it only a month. or paying 14.4% on your loan thru Chase Auto Finance b/c nobody else even Honda, wouldn't approve you, even though I make over 100K. Take your pick which is worse?

------------------

2001 Acura 3.2TL w/ Navi Black ext. Ebony int., Sunroof Visor,
35% Smoke Metallic Tint, Burlwood Shiftknob and more to come!

Stereo System Coming!

 

That sucks bdimc, I guess I should feel lucky, I think my interest rate quotes were less than 13% and I am some punk ass kid with almost no credit.

Thanks for all of your sympathy, I am now going to go cry and pout in a corner.

 

Hey Soundspeed don't worry things will only get better...I hope.

------------------

2001 Acura 3.2TL w/ Navi Black ext. Ebony int., Sunroof Visor,
35% Smoke Metallic Tint, Burlwood Shiftknob and more to come!

Stereo System Coming!

 

nothing to lose by trying! What about a co-signor or guarantor?

 

If I can get a TL with being at my job only 4 months, absolutely no credit at all, and 20 years old, you should have no problems. Granted, my loan is at 20%... but hey, you do what you can.

------------------
Alumapro BP-10, ZX400TI Phoenix Gold, Python 1500 ESP (remote start, all windows up & down, sunroof closes, prox, etc), burlwood dash kit and shift knob, factory spoiler, factory body kit, Inspire tails, Polarg M-12 front signals.
------------------
<A HREF="http://www.acura-tl.com/ubb/Forum6/HTML/000106.html" TARGET=_blank> Nate's ride!</A>

 

I too have shi__y credit and I was just recently approved with a 8.9 interest rate through Eastern Bank after being denied by Honda Motor credit. In addition, I was approved by Chittenden Bank for 8.9 on a 99 4Runner after being denied by Toyota Motor Credit. You just have to choose a dealer whose finance officer can pull some strings at some local dealers.