First of all, I want to thank this board for the endless amount of helpful info that it provides.
After 2 weeks of going back and forth w/ DCU first asking about driver's license and then SS, I finally was able to get approval on membership. That alone, as most of you know, is 1 EQ HP.
Once I received my membership approval email, I decided to call their Loan dpmt to re-finance my 2 auto's that I had w/ Cap 1. It didn't matter that I didn't have my Member # as of yet. Less than 15 mins later, both my auto APR's of 13% & 16% went to 1.99%. Another EQ HP of course but definitely worth it.
As if that wasn't enough, the rep also offered me their Visa card @ a 11.9 APR (no rewards) with a 3k limit. No addtl HP needed. I of course took it to help my Util.
All this w/ a 681EQ score. I'm looking forward to the free FICO and noticed that my paycheck does become avail 1 bus day sooner. The rep did mention in order to keep the 1.99% APR on the auto's, I would need to have Direct Deposit or else it will increase to 2.49%. I'm trying this w/ only a $500 deposit per paycheck and the rest going to my local bank. I just feel more comfortable keeping most of my money at my local bank where I can actually go to a branch if there are any issues.
If any of you are on the fence about joining DCU, I would strongly recommend you pull the trigger. Especially if you have an auto loan to refinance. Definitely worth the 2 HP's for me.
