myFICO® Forums
Help
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 

DCU - 2nd Auto Loan Question

tag
Get Access Now
AirlinerDudeB6
Regular Contributor
‎07-04-2014 04:42 PM
‎07-04-2014 04:42 PM

DCU - 2nd Auto Loan Question

I currently have one refi auto loan with DCU.  It is fairly new (under 6 months).

 

Does anybody know if DCU will approve a 2nd auto loan?  In other words, do they allow members to have more than one auto loan out with them at a time?

 

I know approval will depend on credit score and other factors, but I wasn't sure if they would even consder a 2nd auto loan.

 

Does anyone have any experience with 2 auto loans at DCU?

 

Thanks!

Discover It - $25.5k | Sam's Club MasterCard - $25k | Chase Sapphire Reserve $23.8k | Amex EveryDay - $23k | Barclays JetBlue - $23k | Citi TYP - $7.1k | Cap1 Quicksilver WMC - $7k | Marriott Rewards Premier Visa Signature - $6.5k | Chase Freedom - $3.2k | Amex Gold - NPSL |
TU 08 FICO - 812 | EQ 08 FICO - 799 | EX 08 FICO - 793 |

Utilization - 16% | AAOA - 4.3 years | In Garden - Since 9/6/16
Message 1 of 2
0 Kudos
1 REPLY 1
Florida1990
Frequent Contributor
‎07-05-2014 12:33 PM
‎07-05-2014 12:33 PM

Re: DCU - 2nd Auto Loan Question

Most credit union like to look at the total amount of debt taken out and how much you make. If you make enough annually and you do not have too much outstanding debt then you may have a good chance pulling out another loan.

Pre-CH7 Scores- TU 584 EX 540 EQ 581
Post-CH7 Scores- TU 656 EX 630 EQ 670

Navy Fed Cash Rewards-$4,500, Credit One MC $500, Credit One VS $700 Ollo Platinum MC $900, Avant MC $1,000 Primor Secured Vs. $200, Wayfair $750, Eddie, Jcrew, Boscov $250-$300.
Message 2 of 2
0 Kudos
† Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.