Sovereign Bank

Discussion in 'Credit Talk' started by SCHOLR, Aug 11, 2001.

  1. SCHOLR

    SCHOLR Well-Known Member

    FYI:

    Sovereign Bank, New England & Upstate New York;

    Bureau preference:

    1.) Transunion

    2.) Experian

    Rate tiers:

    1.) 700+ = best rate

    2.) 675-699 = best + .50%

    3.) 650-674 = best + 1-2%

    4.) 620-649 = best + 3-3.50%

    5.) below 620 = best + 6-7%
     
  2. GEORGE

    GEORGE Well-Known Member

    And the BEST is?
     
  3. SCHOLR

    SCHOLR Well-Known Member

    Sorry, it's 6.39%.
     
  4. dlo64

    dlo64 Well-Known Member

    I think they want to keep us guessing, George.

    With Aspire rates as high as 40% APR, you just never know!
     
  5. dlo64

    dlo64 Well-Known Member

    Wait a second, 13.39% for under 620 score? Where do I sign up?
     
  6. GEORGE

    GEORGE Well-Known Member

    VERY LIMITED STATES EASTERN U.S.
     
  7. SCHOLR

    SCHOLR Well-Known Member

    I should have clarified,

    this is the indirect auto loan buy rate, for new.

    My main reason for the post was to show

    bureau preference & bureau score "cost",

    note how under 620 gets hit hard.
     
  8. GEORGE

    GEORGE Well-Known Member

  9. Erica

    Erica Well-Known Member

    This is not for Upstate NY, only for New England States, Pennsylvania, New Jersey and Delaware.

    http://www.sovereignbank.com/

    That link gives you the option of the area you live in.
     
  10. dlo64

    dlo64 Well-Known Member

    Darn, I wouldn't qualify anyway. I'm a Midwesterner.
     
  11. SCHOLR

    SCHOLR Well-Known Member

    The map is not updated, I took the info. directly

    from their bulletin.
     
  12. roni

    roni Well-Known Member

    I bank with sovereign bank. For clarification, they have branches in New Hampshire, Rhode Island, Massachusettes, Connecticutt, New Jersey, Delaware and Pennsylvania.

    I applied for their Visa and was declined. (they pulled my TU...ugh)
     

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