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Regular Contributor
avggoal700
Posts: 230
Registered: ‎03-31-2014

Auto refinance with navy fed or dcu ?

so just signed up with dcu in hopes of getting a auto refi, now just got email from navy saying invited to apply auto refi.  My loan is with neither and I know neither is guaranteed to approve me.  It's a generic question but which would you apply for?  I'm currently paying double digit % and looking to get that down in next 6 months if possible.  Thx in advance.

Moderator
pizzadude
Posts: 8,677
Registered: ‎01-28-2010

Re: Auto refinance with navy fed or dcu ?


avggoal700 wrote:

so just signed up with dcu in hopes of getting a auto refi, now just got email from navy saying invited to apply auto refi.  My loan is with neither and I know neither is guaranteed to approve me.  It's a generic question but which would you apply for?  I'm currently paying double digit % and looking to get that down in next 6 months if possible.  Thx in advance.


There are many people who've had success with DCU so you could start there.  Also NFCU is probably a good idea as well.  

 

How is your auto loan history....any negatives?

 

Also I will move this to the Auto Loans board for better visibility.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Regular Contributor
avggoal700
Posts: 230
Registered: ‎03-31-2014

Re: Auto refinance with navy fed or dcu ?


pizzadude wrote:

avggoal700 wrote:

so just signed up with dcu in hopes of getting a auto refi, now just got email from navy saying invited to apply auto refi.  My loan is with neither and I know neither is guaranteed to approve me.  It's a generic question but which would you apply for?  I'm currently paying double digit % and looking to get that down in next 6 months if possible.  Thx in advance.


There are many people who've had success with DCU so you could start there.  Also NFCU is probably a good idea as well.  

 

How is your auto loan history....any negatives?

 

Also I will move this to the Auto Loans board for better visibility.


Only auto late I have is in 2010, 30 day late which I don't agree was really late and I currently have a GW request in.  30 day late from this year which was not really a late, EX/EQ have deleted while still trying get TU to delete, the bank sent a request to all 3 CB to fix and i have dispute with TU but TU still hasn't  fixed it yet.

Moderator
pizzadude
Posts: 8,677
Registered: ‎01-28-2010

Re: Auto refinance with navy fed or dcu ?


avggoal700 wrote:

 




Only auto late I have is in 2010, 30 day late which I don't agree was really late and I currently have a GW request in.  30 day late from this year which was not really a late, EX/EQ have deleted while still trying get TU to delete, the bank sent a request to all 3 CB to fix and i have dispute with TU but TU still hasn't  fixed it yet.


Well hopefully you won't have an issue getting refinanced ~ 30 day lates are viewed as relatively minor most of the time.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Regular Contributor
avggoal700
Posts: 230
Registered: ‎03-31-2014

Re: Auto refinance with navy fed or dcu ?


pizzadude wrote:

avggoal700 wrote:

 




Only auto late I have is in 2010, 30 day late which I don't agree was really late and I currently have a GW request in.  30 day late from this year which was not really a late, EX/EQ have deleted while still trying get TU to delete, the bank sent a request to all 3 CB to fix and i have dispute with TU but TU still hasn't  fixed it yet.


Well hopefully you won't have an issue getting refinanced ~ 30 day lates are viewed as relatively minor most of the time.


Thank you .  Hopefully not, the 2010 issue was a computer glitch so the bank told me in 2010, unfortunately I I wasn't on this board in 2010 .

Frequent Contributor
credit-hunter
Posts: 261
Registered: ‎10-06-2013

Re: Auto refinance with navy fed or dcu ?

navy is running a special get $$$ back when you refinance with them...

Valued Contributor
Remember0
Posts: 1,240
Registered: ‎02-12-2014

Re: Auto refinance with navy fed or dcu ?

Also if it's just on TU, it won't matter. Both DCU and NFCU pull EQ as far as I know?

Regular Contributor
avggoal700
Posts: 230
Registered: ‎03-31-2014

Re: Auto refinance with navy fed or dcu ?


credit-hunter wrote:

navy is running a special get $$$ back when you refinance with them...


Thx I saw that.  I guess I could try both even though I'm trying to save my HPs, the potential $ saved would be worth it.  Still trying clean up report while I wait on DCU welcome package.

 

@Remember0, TU is my worse one so that would be great.  

Moderator
pizzadude
Posts: 8,677
Registered: ‎01-28-2010

Re: Auto refinance with navy fed or dcu ?


Remember0 wrote:

Also if it's just on TU, it won't matter. Both DCU and NFCU pull EQ as far as I know?


I know that NFCU will sometimes pull TU, I think it varies though, so could be either.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Regular Contributor
avggoal700
Posts: 230
Registered: ‎03-31-2014

Re: Auto refinance with navy fed or dcu ?

Thx again board, you just lowered my % by almost 9%


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