Chase Auto Loan

Does anyone in this forum have ever had any experience with an Auto Loan from Chase JP Morgan?

I am looking into financing a used 2015 Subaru WRX and will be willing to put down anywhere between $10-15k as well as applying with a U.S Citizen Cosignor.

I have had bad luck with applying for auto loans, even though I have fairly decent credit (FICO 730-740). I always keep getting turned down as soon as they see Temp. Vistitor on my license. Which in most cases they always ask for.

Anyways I do know there are plenty of threads on this forum regarding this subject and I apologize for any repitions.

For anyone who has any advice, tips, and or suggestions please do leave me a private message!

Thanks

Just apply directly with Subaru

That's the thing, Subaru's biggest financial partner is chase lol well at least it is for NY

Have tried Credit Unions? If you become a customer with one of them for a few months, I'm pretty sure you will have better luck with them. I just go a sweet interest rate with a CU and zero down.

You should be good with the US Citizen cosigner bud given they have decent credit. Good luck!

Yea originally I was considering a local credit union, but now that I'll be applying with a U.S citizen I hope to just apply directly to the dealer. Also I am planning on putting down a pretty big down payment so i hope the odds are in my favor.

I had an application with Chase Auto Finance denied for my status. But I think you should be fine with a citizen.

I actually got denied from Chase as well too, most likely from too many hard inquiries lol.

I won't be applying for another couple of months, still saving up for that down payment. I really do hope that I can get a loan with a citizen, another rejection will just straight up kill my self esteem seeing as our situtation here in the future doesnt look too bright, might as well distract myself with a new set of wheels lol

I have a loan from DCU. Low interest - 1.9%. Approved for $22k.
1.49% if you're doing direct deposit.

Getting a better rate will be a challenge depending on your credit score and income. I highly recommend you check them out. I also applied for a loans through the dealership as well as banks but their rates were horrible.

If you apply for an auto loan multiple times within a 30 period, it's recognized as 1 credit inquiry accross all bureaus.

I suggest having a great mix of credit on your report, from CC to loans to lines and bills.