@Glkslngr wrote:
Just wanted to share for anyone curious... Originally apped for an NFCU personal loan for $9,000 but was approved at a rate of 18% (yikes!). Was a little shocked considering I have a CC ($15,000) and CLOC ($8,000) both at zero balances, with overall UTIL at 12% and scores at 770 range. I turned the approval down and thought maybe I'd try for PenFed, whom I just have a share account with a very low balance of $20. Apped over the phone for the same $9,000, 10 minutes later the rep came back with an approval for their lowest rate at 9.99%! Very happy. The loan is essentially to consolidate two cc's, and I told the rep that, not sure if that made a difference. Both are great CU's, but PenFed pulled through for me this time!
Congrats! Good job shopping the rates...thanks for sharing.
Penfed Platinum Sig Visa $33k, PenFed PLOC $25k, NFCU Cash VISA Sig 22k, NFCU Visa Flagship 22k, CAP1 Venture $23k, CAP1 Venture One $15k, NFCU NAV Check $15k, Barclays Arrival $13,2k, DCU VISA 5k, Cap1 QS 7.5k, WF Finance 3.5k, Merrick 2.2k, Barclays Apple Financing 6.1k BestBuy 5k >Ch7 BK filed 8/09; DC 01/10 EQ 636 Nov 13;
EQ08 718 | TU 731 | EXP 728
Inqs: EQ 11, TU 8, EXP 11(last 2 yrs)
Goal 750+ In the Garden til
check!!