Frequent Contributor
Posts: 389
Registered: ‎10-02-2012
PenFed Auto refi approval!
[ Edited ]

I am soooooo a PenFed member for life! I bought a new car this past April from my local credit union with a 4.5% rate, then two months later I deployed to Kuwait. Well, I am back for health reasons, but my car only had 1900 miles when I left. Last month, I got approved for the Platinum Rewards CC, for $12k. I applied for the 1.49% auto loan to refinance my car and got an instant approval, but for some reason the value was more than I owed, so I backed off. But just three days ago, I decided to try it again, as a new car, and this time I got "with a LO for review". Well, thanks to that review, my loan now says preapring to be disbursed! I called today and they said the check is going out in the mail today! PenFed is awesome; I'm only paying $850 interest on my car!!!!



Credit Scores- October 2012

EQ- 684



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