topic Re: NFCU compared to USAA in Auto Loans

NFCU compared to USAA

Anonymous — Mon, 27 May 2013 17:29:02 GMT

I was wondering who would be better to get a loan with or are they pretty much the same? Is NFCU easier?

Re: NFCU compared to USAA

Revelate — Mon, 27 May 2013 22:35:44 GMT

@Anonymous wrote:
I was wondering who would be better to get a loan with or are they pretty much the same? Is NFCU easier?

Historically I believe NFCU has been better; however, USAA is really pushing auto loans right now.

When shopping for auto loans, it's in your best interest to try multiple sites since auto inquires all get rolled up within a one month period under FICO'04 (2 weeks in '98, 45 days in '08).

Personally I'd do both.

Re: NFCU compared to USAA

Anonymous — Mon, 27 May 2013 23:05:24 GMT

Thank you

Re: NFCU compared to USAA

boomhower — Tue, 28 May 2013 00:46:13 GMT

Yep, try them both. I'd also let the dealer give it a shot as well, they have access to lenders and loan programs you do not.

Re: NFCU compared to USAA

Anonymous — Wed, 29 May 2013 15:34:17 GMT

Also, keep in mind USAA is offering up to 1% for using their car buying service.

Re: NFCU compared to USAA

tryingforgoals — Fri, 31 May 2013 18:37:27 GMT

I applied for USAA and NFCU. NFCU approved my $15500 @4.9% and USAA only Approved $12000. Surprising because they denied me at first.

Re: NFCU compared to USAA

Anonymous — Fri, 31 May 2013 19:43:06 GMT

I am going to try to get a car in a couple of months and may see about NFCU congrats on the approval