Best Financing for 2016 LC

Anonymous · ‎12-20-2019

NFCU is saying 4.99-5.99% best rates due to "old" make.

Who will give a good sub 3% apr for someone with 750+ scores and a couple hps on a 2016 with 61,000 miles? No prepayment penalties either or all loan interest required.

sccredit · ‎12-20-2019

Sorry, I don't see you getting sub 3 interest on a used car - unless the dealer can get it done. Maybe try CapOne?

recoveringfrombk7 · ‎12-20-2019

Haven't seen sub 3%, but I think Alliant was 3.49 last I looked

Evansville Teachers Federal Credit Union

Desired BK recovery line up complete 7/12/2021. Planning to garden until 8/2023 and potentially try for AMEX.

Anonymous · ‎12-22-2019

DCU 2.99%

Anonymous · ‎12-30-2019

Less than 3%? Probably not going to happen anywhere. Less than 4-5%? More realistic. Lower rates are normally reserved for new car purchases done through captive lenders (Toyota Financial, VW Credit, etc.)
Credit Unions are going to be your best bet.

Anonymous · ‎01-10-2020

Capital one navigator for the win. Unfortunately LC sold, so back to looking.

Funny story: Been a member of NFCU for 10 years in good standing. Have CC with 24k with them. Applied for auto loan and denied me. Would give me nothing! I said to review and came back same decision. Letter said high utilization (I run azeo with 1%), negative reporting (have none) etc. So went to navigator and they instantly approved me for 60k and interest depending on vehicle is in 3% range. Highest one was 4.09% for used vehicles. I told the bank manager and she was speechless. Unreal.