Re: Where to Apply?
12-21-2012 10:01 AM
The only other thing I would say is try to find a subprime lender with a rate reduction program that starts at some APR but with on time payments, the interest is reduced by 0.5% every 6 months. I started out with 21% but ended with 14.5% APR.
Heh, this isn't necessarily a "subprime" lender thing, DCU does it too actually though it's .25 every 3 months in their case. Didn't mean much to me but it was a little entertaining to see the 5.99% -> 5.74% mail a few weeks ago.
Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 672, Wally TU 682, EX 680ish (1/12/14)
Goal Score: 700 in all three (01/01/15)
Take the myFICO Fitness Challenge