topic Re: NFCU Auto Refi... in Auto Loans

NFCU Auto Refi...

j_casteel — Mon, 22 Apr 2013 15:56:56 GMT

Just submitted an app, and it says I'm conditionally approved....calling now.

Re: NFCU Auto Refi...

j_casteel — Mon, 22 Apr 2013 16:12:23 GMT

Needed to verify payoff....it's pending final approval.

Re: NFCU Auto Refi...

webhopper — Mon, 22 Apr 2013 16:15:42 GMT

Whoo hoo, crossing my fingers for an excellent rate. They were able to verify payoff via three way call with me

Re: NFCU Auto Refi...

dodfire — Mon, 22 Apr 2013 16:15:58 GMT

Congrats!!!!! Just did a refi with NFCU also.

Re: NFCU Auto Refi...

j_casteel — Mon, 22 Apr 2013 18:51:25 GMT

Just got the text a few minutes ago...

"Great news! Your loan is approved & your documents will be mailed to you , as requested."

Not sure of the terms, but anything will be better than what I currently have. The CU that I've been financing through on my past 3 vehicles has been working with me which is great, and even approved me when my score were in the mid-500s, but I would get crappy aprs (currently 10.95%). Not to mention I found out that they don't even report!! I tried for several to get them to report my payment history for the past several years on my different vehicles, but they said they couldn't b/c then they would have to report every customers loans and that is too costly for them.

So either way this will be a win for me...another approval, better rate (i would hope), and an auto loan finally reporting for the first time since 2007.

So since I've joined NFCU in December 2012. They have approved me for: cashRewards $10k, Platinum MC $2k, NAVchek $15k, and now an auto refi for ~$29k. How awesome is that!!

Re: NFCU Auto Refi...

webhopper — Mon, 22 Apr 2013 19:48:41 GMT

@j_casteel wrote:
Just got the text a few minutes ago...

"Great news! Your loan is approved & your documents will be mailed to you , as requested."

Not sure of the terms, but anything will be better than what I currently have. The CU that I've been financing through on my past 3 vehicles has been working with me which is great, and even approved me when my score were in the mid-500s, but I would get crappy aprs (currently 10.95%). Not to mention I found out that they don't even report!! I tried for several to get them to report my payment history for the past several years on my different vehicles, but they said they couldn't b/c then they would have to report every customers loans and that is too costly for them.

So either way this will be a win for me...another approval, better rate (i would hope), and an auto loan finally reporting for the first time since 2007.

So since I've joined NFCU in December 2012. They have approved me for: cashRewards $10k, Platinum MC $2k, NAVchek $15k, and now an auto refi for ~$29k. How awesome is that!!

You can call and ask rate

Re: NFCU Auto Refi...

j_casteel — Tue, 23 Apr 2013 23:50:29 GMT

blah!

Got my rate, and not too impressed. 7.49%. Oh well...guess I can alway refinance it again in the future.

Re: NFCU Auto Refi...

webhopper — Wed, 24 Apr 2013 01:33:55 GMT

@j_casteel wrote:
blah!

Got my rate, and not too impressed. 7.49%. Oh well...guess I can alway refinance it again in the future.

Check USAA as well. They may have better rates since they are in the car insurance business.

Re: NFCU Auto Refi...

Anonymous — Wed, 24 Apr 2013 05:17:10 GMT

@webhopper wrote:
@j_casteel wrote:
blah!

Got my rate, and not too impressed. 7.49%. Oh well...guess I can alway refinance it again in the future.
Check USAA as well. They may have better rates since they are in the car insurance business.

Get the two companies competing.

Re: NFCU Auto Refi...

Anonymous — Wed, 24 Apr 2013 09:20:05 GMT

@ Dustink, I like your thinking! In fact, that is my plan for next year.