Posts: 9,732
Registered: ‎12-30-2011
Re: Where to Apply?

MovingForward_2012 wrote:
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 04 673, EQ 8 707, TU 720, EX 702* (09/02/14, EX older)
Goal Score: 700 on EQ '04 (01/01/15)

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