CarFinance.com (USAA Members)

[Anonymous]

Any USAA members used CarFinance.Com for auto financing? I applied for an auto loan via USAA but was denied due to recent BK. I received a notice from USAA to apply at CarFinance.Com. Happy New Year!

[Anonymous]

Just applied there...BK d/c in July.  Chrysler Financial approved us for up to 93k but won't give an APR or anything until we choose a car so I'm giving this a try.  I'll post when I hear something!

[Anonymous]

Approval within 5 minutes for 23k @ 8.3%.  I went back & asked for more due to 100k yearly income so I am waiting to see what they come back with.  I looked them up and they seem to negotiate with you on the loan amount so crossing my fingers.  

[Anonymous]

Please keep us posted. What's your FICO score?

[Anonymous]

They gave me the 31k which I asked for.  Interest rate did not change.  EX 612

[Anonymous]

That's awesome! Congrats.

[nycplayboy78]

Any updates to this thread guys?

[Anonymous]

Ended up financing 37k at 8.3% for 72 months in January.  Not bad considering they only approved us for 23k initially but I went back to them for the final go and they gave it to me!  I think that income had alot to do with it.  3 months in now and I have no complaints.  I'll refi with DCU in a few months (July at the 1 year d/c anniversary)

[Anonymous]

I was referred by USAA as well and had great results with Carfinance.com. I just had a Ch7 discharge in January and my scores range from 530-580. They approved me for 28k at 7.4% for 72 months and nothing down. I'm sure I could have pushed for more, but we didn't want to go too big after BK. We pick up our new ride today.

[exCYter]

I refi'd through CarFianance.com(8.1%) about 8 mos ago, from GM Financial(16.2%).  Unfortunately, contrary to what they tell you, they don't have a functioning website, so you can't log on and see your account, pay off, etc.  In fact, since I've paid ahead every single month, they refuse to even send me a statement--I've never gotten a single email or letter from them outside of the initial welcome letter which directed me to their website.  Their website has been being revamped since I started with them, obviously a lie.  

The only way to make a payment outside of a recurring regular monthly payment and not have to pay a fee is to mail in a check, which they take their sweet time processing/posting/cashing.  

I would not recommend using CarFinance.com, its clear they target low end subprime market and they serve you like it.