Established Member
Posts: 50
Registered: ‎11-06-2012
Re: NavyFed Auto Loan Question(s)

Navy doesn't refinance their own loans, and they will not negotiate the rate once it is set in motion.  Pay it for 6 months, and then refinance it elsewhere.  2.9 is pretty low, the lowest I have seen advertised is 1.49 with DCU.  You should be able to get that in 6 months once you have those payments reported and some increase in score although 690 would get it for you now.  YOu can try now even, but with Navy they won't revisit their own car loans once contracted.

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