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Ally Financial

Ally Financial review: Auto loan

C
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4:07 pm EST
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I received a latter stating I was turned down for an auto loan from Ally. In my 65 years, I have paid off 6 mortgages, 1 HELOC, and 2 or 3 auto loans. I may miss a bill payment one in a blue moon but pay off credit cards every month. I may have a high balance at times since I use credit cards for everything to get the cash back. Despite that, my credit score has been over 800 for some time. Still, I was turned down by Ally as a co-applicant for my daughter's car loan and thus the loan was denied. I see this as a personal insult, especially since I was never contacted to discuss this, just an impersonal form letter in the mail. Oh well. I just sold my Lake House and was looking at some banks to spread around a few CD's. I guess Ally will not be on the list now or ever in the future.

Desired outcome: Apology from Ally for a personal insult to my financial integrity.

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