No, Abhishek don't try like that, don't put so many apps. DCU is wonderfull credit union with generous credits who are on visas. Just open membership with them for 5 dollars and open checking and savings account. Ask your employer that you want pay check or 1/4 off your pay into dcu.... and apply for loan..... least if they reject, call them... and tell them all enquiries on your credit file are recent auto loan apps. Sure they will honour you. 100% .. I too when shopping auto loan ... lot of applications and i have some credit card debt.... they offered for 5 percent...and told me if my score is above 680... it will be 1.99% ( provided if iopen checking account and savings and they even gave me 10,000 limit card.) so i paid off my credit card and asked them to pull my score again...it was 699 and they offered @ 1.99. i accepted the offer.
The only thing is... you don't have good credit history... or credit cards... its 1.7 years old... no problem... they will give you least 4.5 or 5...negotiate ..and they will offer credit card as well...with starting limit of 3000. My friend got 5000 credit limit...and auto loan for 6 percent. he landed..and applied with in 3 months. U r way better than him...No matter where you live.... you can open online... They will ask your pay stub....and id proof. drivers license or state id... They don't ask your passport copy or I94 Card.
DCU have no restrictions... be member ..open checking account. Yes you are correct some credit unions have those restrictions. and employers tie up with credit unions... With DCU you don't have that problem... Anybody can btake membership . Just click on checking account on dcu web page.. it will direct you,.
SRAGS, Awesome! I spoke to my friend who has an auto loan from DCU and he told me the same thing that you told.
I called them today!
Guess what? I got an auto loan for uptp 25k at 1.99%!
I have been jumping through hoops to get it done since the last two weeks. Finally got solved!
Great find man! Thanks.