Re: Turned Down for Cap One Auto Loan
Screw cap1, just go down to the dealer on a weekend when all the underwriters are gone, and drive away in your new car.
As far as the home loan you're going to want two years in the same line of work with verifiable income...doesnt matter where it's coming from. You can do one of two things:
1.) get into the home with the subprime loan you'll qualify for and make ALL ontime payments which will improve your scores/credit history.
2.) Improve your credit and wait.
Either way, you probably want to make a few big payments to your credit cards and get the balances below 50%. Depending on your other obligations you may have to go stated income in whice case you're going to need to bring your scores up.
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