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1.99%

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Kathy4NU
Frequent Contributor

1.99%

Just refinanced my BMW X5 today at my credit union.  I closed on my house two weeks ago and they asked me if I wanted to move my car over to them.  I didn't have that bad of rates in the first place.  6% I think.

 

I kept my payments the same but took the loan down to 36 months. 

 

It feels good to be in the prime world with prime rates.

 

I love my life.




June '12: EQ 553 TU 0 EX 545
April '13 Lender Pull EQ 731, EX 692, TU 722 - all FICO

Closed on home May 22, 2013 at 2:00pm!!!
CU Visa $1000, VS $350, Chase Freedom $1000, Discover IT $2500, Home Depot: $2700, Menards $3000, NFM $3500
What's been deleted: 32 collections, 5 PR, 2 tax liens, defaulted student loans
Message 1 of 3
2 REPLIES 2
SamsungHDTV
Established Contributor

Re: 1.99%


@Kathy4NU wrote:

Just refinanced my BMW X5 today at my credit union.  I closed on my house two weeks ago and they asked me if I wanted to move my car over to them.  I didn't have that bad of rates in the first place.  6% I think.

 

I kept my payments the same but took the loan down to 36 months. 

 

It feels good to be in the prime world with prime rates.

 

I love my life.


6% is high for your scores being where they are. Congrats on your home closing and awesome savings on your auto loan.

Message 2 of 3
Kathy4NU
Frequent Contributor

Re: 1.99%

The 6% was before my scores were that high.  I think they were mid 600 at the time.

 

I am glad they didn't repull me for these rates as my scores dropped when I went on an app spree right after closing - I think I lost 10 points.  Than I lost another 15 points when my new mortgage hit.  I have 4 new CC, a first mortgage, second mortgage and now a new car loan.  I think my AAoA is going to take a severe hit and really tank my scores.  I know in time they will rebound.




June '12: EQ 553 TU 0 EX 545
April '13 Lender Pull EQ 731, EX 692, TU 722 - all FICO

Closed on home May 22, 2013 at 2:00pm!!!
CU Visa $1000, VS $350, Chase Freedom $1000, Discover IT $2500, Home Depot: $2700, Menards $3000, NFM $3500
What's been deleted: 32 collections, 5 PR, 2 tax liens, defaulted student loans
Message 3 of 3
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