ilmscore | Lending Practices for Car Loans Predictions

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Accuracy

Recent Predictions

Total: 2

Correct: 0

Incorrect: 0

Pending: 2

Unrated: 0

Prediction

Author

Predicted at

Status

Video

Car dealerships typically approve loans if the debt-to-income ratio is below 45%.

"most car dealerships will qualify you with a debt to income below 45%"

Jun 26, 2023

Pending

Lenders prioritize monthly payments over affordability, allowing financing for a wide range of car costs if terms are met.

"lenders just care about the cost of the car every single month and because of that they'll Finance p..."

Jun 26, 2023

Pending