My Jeep arrived at the dealer yesterday. I filled a credit app today and im a bit nervous. In the beginning of 2017 I had my financed car repossessed but got it back the next day. I made payments for about 8 months and sold it. That was all prior to my marriage. I havent applied for a vehicle loan/lease since then, only credit cards and school loans. Our 2 vehicles are under my wifes name. Shes on the credit app as well. Today Experian has her at 810 and im at 715. Should I be worried about not getting tier 1. I pick up on Monday and they havent ran our credit yet.
Worst thing you get tier 2, if itâs a flip nbd, if itâs a 4xe to keep - youâll have slightly higher TCO, but if itâs CCAP they are literally one of THE MOST forgiving banks.
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I want ccap and told them. I was planning on flipping but now im unsure. If I do flip its to get SOT
Ccap is just Santander in disguise. Poor credit is their bread and butter.
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At a minimum Iâd keep it until your credit score rebounds. Flipping against that score will give your bureau stretch marks.
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My dad is still nagging me over the single-digit point drop from 830 he took when I flipped the M4
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How can I get a car loan or home loan with a good credit score, but with a bad income source? Is it possible to get the loan?
Could you please clarify this portion a little more?
Do you mean an inconsistent source month to month? Low numbers recently?
Iâm guessing underground economy?
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NFT Trader! 
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If you have strong credit, generally you wonât need to document income for a car loan.
Home loans are a different story.
Are you self-employed? Whatâs the concern about your income source?
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I just checked mine, so I thought Iâd do a PSA: Iâm not sure for how long, but your âannualâ free credit reports are still available weekly at www.annualcreditreport.com .
If you are getting your credit information from a company whose only interest is selling you additional credit products (Kredit Karma and others), you are only seeing a third-partyâs interpretation of a portion of your credit file , and you really should look periodically at the entire credit file directly from your reports.
I recently had a discrepancy on a mortgage trade line as it was displayed on Experianâs own app, but when I pulled my actual Experian credit report it was clear that the account was indeed reporting correctly.
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Experian and Equifax both had âerrorsâ asking me to call or email, and transunion didnât have a credit score available for me, unless I wanted to purchase one for $0.99 
Side note: Who pays $0.99 for a garbage Vantage Score?
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Since this thread is back. I should update on what happened with my credit. My car shipping got delayed 1.5 months. In the meantime, I had paid off a large chunk of the 0% apr credit debt I had. My vintage credit score had jumped back by 30 points (735). When I went to pick up the car from Gupton, they just checked my vintage TransUnion score and did not even make a hard inquiry on my credit report. They said I was Tier 1 and that was the end of it.
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Heyyyy congrats! Conclusions to stories are always great.
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Awesome. Love reading happy outcomes like that. 
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Americans.
Long live the RAV4, Dancing with the Stars, and ChiliâsÂŽ
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I made an observation in a recent thread that a new account isnât necessarily going to noticeably impact your credit scores.
Here is the ultimate expression of that point, using the Experian FICO 8 (tops out at 850) as a reference point, with an additional update.
Relevant Timeline:
3/25/22 - Experian FICO 8 was 847
4/4/22 - New auto loan reported to Experian (score remained 847)
5/6/22 - Experian FICO 8 moved up to / maxed at 850 due to other changes in my credit file
Keys to this:
Payment history: no late payments, ever, on any account thatâs reporting
Relatively long credit history: average age of accounts is between 9 and 10 years
Thick credit file: Dozens of open and closed accounts reporting
Extremely low revolving (credit card) utilization: Balances reporting are well under 1% of total revolving limits
Installment history: at least one open installment account with a relatively low balance compared to the original loan amount
Inquiries: Make very little, if any difference. I have 3 reporting on Experian, but two are older than a year (FICO 8 ignores those completely), plus one from six months ago when I opened a Citi credit card for an $800 sign-up bonus.
Your good credit is there to leverage. Use it every time it makes sense.
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