Submitted by jamesritterjr on May 19, 2018
Picked out a Model X for 88K (75D very few options). I applied through a credit karma recommendation Lightstream. Denied, site does not let me sign in because its junk so I cant see why and customer service has no access to that info. Awesome.
Income: 18K - 20K Month (140K Filed Last Year)
Credit: MyFico says 750, Lightstream said 750 but for some reason Alliant said 693. Still waiting for their response but has me very concerned. I dont know how there could be a 50 point variance between lenders. I know there are different scoring models but thats just nuts to me. 30 Day Late 5 years ago. 20K in CC Debt which i'm aggressively paying off. 2 Leases just matured (Mercedes and WRX STI) and a Suzuki GSXR 18K Loan.
Anyway, I can buy the car in cash but I really want to finance it so I can keep cash in reserve for my business. Anybody have a recommendation of a lender or loan officer to speak to? A payment that is 10% of my income seems like it should be pretty easy to get an approval for but that Lightstream denial has me concerned.