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NFCU Approval

New Contributor

NFCU Approval

I was recently approved for a $55000 6 year 3.79% apr for a new car from NFCU.

 

I only expect to use around 35K, but it was nice to see the approval with my score.


Starting Score: 469
Current Score: EQ 661
Goal Score: 720


Message 1 of 11
10 REPLIES
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New Contributor

Re: NFCU Approval

That's great congrats. Did you have previous auto loan nfcu? Do you have any negative marks? I am vet and thought about joining that credit union
Message 2 of 11
New Contributor

Re: NFCU Approval


vetstorm91 wrote:
That's great congrats. Did you have previous auto loan nfcu? Do you have any negative marks? I am vet and thought about joining that credit union
I had one previous auto loan but it wasnt with NFCU.  I have two collections from 3.5 years ago reporting.

 


Starting Score: 469
Current Score: EQ 661
Goal Score: 720


Message 3 of 11
Frequent Contributor

Re: NFCU Approval


vetstorm91 wrote:
That's great congrats. Did you have previous auto loan nfcu? Do you have any negative marks? I am vet and thought about joining that credit union

if you arent collecting a pension, or retired from the military I dont think Navy Fed would accept you. Theres a eligibility checklist on their site.

Lender pulled 10-10-13
EQ Fico 715 | EX Fico 714 | TU Fico 703
Message 4 of 11
Established Contributor

Re: NFCU Approval


iMacDrew wrote:

vetstorm91 wrote:
That's great congrats. Did you have previous auto loan nfcu? Do you have any negative marks? I am vet and thought about joining that credit union

if you arent collecting a pension, or retired from the military I dont think Navy Fed would accept you. Theres a eligibility checklist on their site.


active/retired military roommates and parents/siblings are enough to be eligable too

Message 5 of 11
New Contributor

Re: NFCU Approval

navy.

Message 6 of 11
Moderator

Re: NFCU Approval


vetstorm91 wrote:
That's great congrats. Did you have previous auto loan nfcu? Do you have any negative marks? I am vet and thought about joining that credit union

See if you're qualified, and if so, just join.  There's really no reason not to and they appear to be the most consumer friendly lender out there currently.  That may change over time, but for now, they're absolutely first rate and well worth joining.  From this forum they have some loopy success rate in terms of customers, something like 95% or more take the deal NFCU offers over anyone else, or their CC approvals just annihilate other lenders.

 

 

Starting Score: EQ 5 561, TU 98 567, EX 2 599 (12/30/11)
Current Score: EQ 5 771, TU 4 758, EX 2 758, EQ 8 795, TU 8 762, EX 8 786 (7/28/17)
Goal Score:    EQ 5 750, TU 4 750, EX 2 750, EQ 8 800, TU 8 Blah, EX 8 800 (01/01/18)


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Message 7 of 11
Contributor

Re: NFCU Approval

Thats a huge amount and a great rate! If you dont mind me asking, what is your annual income?

Message 8 of 11
New Contributor

Re: NFCU Approval


armyguy90 wrote:

Thats a huge amount and a great rate! If you dont mind me asking, what is your annual income?


135K


Starting Score: 469
Current Score: EQ 661
Goal Score: 720


Message 9 of 11
Moderator Emeritus

Re: NFCU Approval

What kind of car will you get?

Starting Score: 08/29/2011 TU 671 EQ 674
Current Score: TU 754 EQ 694 EX 697
Wallet: NFCU Visa Sig 25k, Amex Lowes 22k, NavCheck 15k, Amex PRG, Amex Zync, Discover It 13.5k, Amazon Visa 5k
Platinum Spade Garden Club Member: App Free since 1/1/13. No more apps til who knows when?
MyFICO Fitness Goal: 800s Club!



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Message 10 of 11