Approved by DCU...is this real life???

[Anonymous]

Sooooooooo, I was looking to refinance Goldilocks the Gold Corolla. I am in a 20.45% loan from CPS. I was offered a 13.06% deal from Blue Harbor which sounded fantastic to me. For kicks, I also applied with DCU and was approved for.....wait for it.....waaaaait for it.....

2.24% APR!!!!!!!!!!!!

I can knock that even lower to 1.74% if I direct deposit with them!!!!

From $330/month to $188/month.......just with a phone call or two....

I am beyond over the moon. I feel high....I still cant even believe it!! 

Thank you guys on here SO much. If not for these forums I would probably have stuck it out with CPS for a lot longer, and paid WAY huge in interest payments!!!!! 

Ok.....I need a beer.....

[Anonymous]

Wow! Congratulations, that is amazing.

[SamsungHDTV]

Congrats on the savings. If you can afford to, keep paying $330/month and you will save even more.

[Anonymous]

Congrats, I just did the sAme with them going from 9.5% to the 1.74%. Your savings are nuts. I'd almost shorten your term or as the poster above said keep paying that $300 and watch the principal balance plunge

[Anonymous]

Oh, thats going down. I'll have her paid off in NO time, and be looking at my next ride....lol. I'm stoked. I feel like I've arrived to some degree. 

[Anonymous]

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@Anonymous wrote:

Sooooooooo, I was looking to refinance Goldilocks the Gold Corolla. I am in a 20.45% loan from CPS. I was offered a 13.06% deal from Blue Harbor which sounded fantastic to me. For kicks, I also applied with DCU and was approved for.....wait for it.....waaaaait for it.....

2.24% APR!!!!!!!!!!!!

I can knock that even lower to 1.74% if I direct deposit with them!!!!

From $330/month to $188/month.......just with a phone call or two....

I am beyond over the moon. I feel high....I still cant even believe it!! 

Thank you guys on here SO much. If not for these forums I would probably have stuck it out with CPS for a lot longer, and paid WAY huge in interest payments!!!!! 

Ok.....I need a beer.....

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Congrats! what kind of score do you need to get that rate from DCU?

[kenspi67]

awesome .. congrats .. i will be applying to them in 12 months .. ha

[Anonymous]

My regular FICO's are 629, 645, and 627.....Under Experian my Auto Fico was 695, which the associate I spoke with told me thats what they pulled. 

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@AhmedInVA wrote:

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@Anonymous wrote:

Sooooooooo, I was looking to refinance Goldilocks the Gold Corolla. I am in a 20.45% loan from CPS. I was offered a 13.06% deal from Blue Harbor which sounded fantastic to me. For kicks, I also applied with DCU and was approved for.....wait for it.....waaaaait for it.....

2.24% APR!!!!!!!!!!!!

I can knock that even lower to 1.74% if I direct deposit with them!!!!

From $330/month to $188/month.......just with a phone call or two....

I am beyond over the moon. I feel high....I still cant even believe it!! 

Thank you guys on here SO much. If not for these forums I would probably have stuck it out with CPS for a lot longer, and paid WAY huge in interest payments!!!!! 

Ok.....I need a beer.....

---

Congrats! what kind of score do you need to get that rate from DCU?

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[Anonymous]

Best of luck, sir! I honestly expected a higher rate. May not even take 12 months for ya! 

[Anonymous]

Congrats, at 2.24% I would not be in a hurry to pay this car off unless all of your credit card debt is already paid.