08-16-2012 05:43 AM
Is there a bank in existance in anyones opinion who could refi a 2011 Nissan Rogue SL that has a LTV of 120% and do better than 7.99%.
I currently have this car financed thru PSECU with a 7.99% rate for 84 months. The short story is my wife bought her first car and got ripped off, so she needed
a new car and we had to carry the negative equity to the new loan.
Currently the rate is 7.99%. Payment is $589.06. Credit score is about 750. Any ideas?
08-16-2012 05:46 AM
If you can qualify for membership, RBFCU.org 1.9% with that credit score, no matter the year or make. Good luck!!
08-18-2012 11:22 PM
I think most everyone will ask for paystubs for auto loans assuming you're W-2 employed. I'd be awfully surprised if they didn't these days.
08-30-2012 11:44 PM
Just a thanks to AusTex. We applied for the loan with RBFCU and were approved. We did not get the 1.9% but instead got 2.4% on the refi which was fine with me.
Going from 7.99% to 2.40% is great in my book. Thanks and kudos for the great tip. We cut 8 months off our previous loan and saved $30.00 a month.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO