topic Re: Refi Approval from NFCU w/ unpaid CO on EXP in Auto Loans

Refi Approval from NFCU w/ unpaid CO on EXP

NewbieReed — Mon, 14 Jan 2013 13:35:47 GMT

I have an unpaid CO on my EXP (accruing opened in 2009 & CO in 2010)
I want to refi my 19.99% auto loan with tidewater motor credit to a lesser interest rate with NFCU - hopefully in February.
I've been with NFCU since 2007 I think and opened a CC ($6k) with them in dec 2011. I have a couple of CDs with them too. They've only pulled my TU in the past .

So do u think i would be approved for a refi with this unpaid CO on my EXP?

Re: Refi Approval from NFCU w/ unpaid CO on EXP

HoldingOntoHope — Mon, 14 Jan 2013 19:06:57 GMT

NFCU generally pulls Equifax and sometimes Transunion. So if this collection is only showing on EX then they won't see it. Since you already have a credit relationship with NFCU I would guess that your approval odds are good.

Re: Refi Approval from NFCU w/ unpaid CO on EXP

NewbieReed — Mon, 14 Jan 2013 20:19:33 GMT

HoldingOntoHope wrote:
NFCU generally pulls Equifax and sometimes Transunion. So if this collection is only showing on EX then they won't see it. Since you already have a credit relationship with NFCU I would guess that your approval odds are good.

I would think so too- i just wanted to be sure. I cant wait to check my FICO score in February to try to guesstimate what kind of rate I will get......